Chart of The Day $AUDJPY 1-04-2017

On the AUDJPY daily chart, we can see that the instrument is bouncing from 38.2% Fibo. retracement 83.480 level. Retest of 87.600 level is likely now, and a break of this level could mean recent uptrend continuation.

Happy trading! (click on the chart to enlarge it)

audjpy trend following strategy

 

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