Trade of the Day – AUDJPY – Broken the triangle to the upside

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AUDJPY - Intraday - We look to Buy at 79.63 (stop at 79.43) Price action has broken from the previous formation. A mild correction has been posted from yesterday’s high, this is seen as a retest of the breakout level. There is scope for mild selling at the open but losses should be limited. Previous support located at 79.63. Further upside is expected although we prefer to set longs at our besp...

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