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  • Vasily Trader

AUDJPY: Overbought Market & Confirmation



Hey traders,


AUDJPY reached year's high last week.

Coiling on that the price formed a dodji candle on 3 days.


Contracting within a symmetrical triangle on 4H time frame,

this morning it was broken to the downside.


Now the price may drop lower.


Intraday supports:

84.75

84.35


For safe entries consider the occasional retest.

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