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On our market watch, today is AUDJPY. The pair is testing the 200 SMA 82 level for the downside break. The daily close will open the extended downside and the retest of 79 level of strong long-term uptrend support.
The possible trading strategy is going short at the market on a daily close below this level (full strong red candle) with SL above 82.500 level targeting 79.
Happy trading! (click on the chart to enlarge it)
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