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AUDJPY Technical Analysis and Trade Idea

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Dólar Australiano/Iene Japonês (OANDA:AUDJPY)  
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OANDA:AUDJPY   Dólar Australiano/Iene Japonês
Trend Analysis Chart Patterns AUDJPY audjpyshort audjpyanalysis audjpysell audjpyidea audjpyforecast audjpysignal audjpysetup audjpyanalyis
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trendanalysis chartpattern audjpy audjpyshort audjpyanalysis audjpysell audjpyidea audjpyforecast audjpysignal audjpysetup audjpyanalyis
In this video analysis, we closely examine the AUDJPY currency pair. We've identified a break below a prior low, indicating a downtrend. Considering the present weakness in the Australian dollar and the prevailing strength in the yen, I'm eyeing a potential selling opportunity.

At the moment, the price has stretched significantly into a crucial support area. As outlined in the video, we're anticipating a potential pullback, particularly around the New York open, provided the conditions discussed in the video align.

It's crucial to note that this analysis is purely for educational purposes and should not be construed as financial advice.
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