AUDJPY is testing a medium-term uptrend line
AUDJPY is testing the medium-term uptrend support 80.50. This is the most important support for an uptrend to continue and the least resistance for a downside reversal. Break below this resistance will lead to a larger pullback and a test of the new long-term uptrend channel support 74. Now a break above 82 is required for the pair to continue higher.
Note: look for the short trade entries upon a confirmed break below 80.50
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