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Monday, May 23, 2022

+809 Points Reached in AUD/JPY Buy Signal
1 mins well spent

Reason for Buying AUD/JPY : 

AUD/JPY is moving in a downtrend by forming Lower Highs and Lower Lows in H4 chart.

After breakout happened at the top level of the range, Market re-tested previous breakout level and starts to bounce up as per our technical strategy.

Buy signal was given after the confirmation of Upward movement in AUD/JPY.

audjpy reached the tp with +809 points profit

AUD/JPY reached Profit Target Successfully.

Education Notes :

Downtrend = Lower Highs and Lower Lows

Uptrend = Higher Highs and Higher Lows

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