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AUD/JPY: reached diagonal resistance, around 96.94, wait a sell signal on smaller timeframe

AUD/JPY: downtrend

Levels of resistance, top shoulder of the channel 96.94. Around this levels we switch on smaller timeframe and wait for a sell signal. This can be on M30 when CCI goes from 0 to -100.

Good positions for sell are 96.90 with a stop slightly above 97.20.

The possibility the pair to keep it’s trend is big, but first we must have short signal on smaller timeframe.


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