Dólar Australiano/Iene Japonês
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AUDJPY technical analysis for long term trading

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As mentioned in the graph, the price is at the upper line of the trading channel, if you see closely in the 1-hour chart you can see it has been retesting to the previous level (relatively strong)/retracing to the 0.5 level several times. We are only targetting to the previous swing low as our risk and reward ratio is still decent even playing this conservative.

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