ForceFollower

AUDJPY Done Correcting?

Long
FX:AUDJPY   Dollar australien/Yen japonais
This pair seems to be finally done correcting. Has found support at the sliding parallel of a modified Schiff pitchfork. If it holds, we should see a rally up to the 95.75 level, or perhaps even to 96. Otherwise, the correction will continue to reach 94.22 or (less probable) even the lower median line parallel.

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