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Today we are sharing AUDJPY Currency Trading Signals
SUMMARY:
The secondary trend of AUDJPY is sideways on charts and from past few trading sessions prices are not sustaining at lower levels and consolidating with strong positive bias to give break out at upside. In its daily chart, prices are facing an important resistance at the level of 95.95. 30 and 200 DMA are also supporting the upcoming bullish trend in the pair. If it breaks the resistance level of 95.95 at upside then we can expect it to test the level of 96.60/97.
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AUDJPY
( Daily )
AUDJPY Chart Today |
INDICATORS:-
RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair.
MACD is also sustaining in buying territory indicating the bullish trend in the pair.
STRATEGY:
AUDJPY has bounced back from the lower level & looking bullish on charts for next few session. One can go for buy on dips strategy for this pair for intra day to mid term positions.
PIVOT POINTS :
S3
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S2
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S1
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PIVOT
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R1
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R2
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R3
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EUR/USD
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GBP/USD
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USD/JPY
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USD/CHF
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AUD/USD
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USD/CAD
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0.7667
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