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AUDJPY analysis 02.12.2020

AUDJPY

The 77.11 resistance level is holding back buyers. The H8 and H4 level patterns are truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals an overbought condition.

AUDJPY rate online: monitor the price movement in real time.

Trading recommendations:

Sell strictly when a descending wave pattern is formed, where the wave (A) breaks through the inclined channel of the ascending H8 level pattern.

Stop Loss: beyond the local maximum.

Target levels: 75.45; 74.20.

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