AUD / JPY: Daily schedule - a downtrend and a break of resistance
Price over 200MA
Price action: Bullish gap bar with a small shadow that closes above the resistance and 200m - probably increase
indicators
50 / 200MA - the price closes above 200ma
CCI (50): over 100
SL: 78.900
Alternative scenarios: if the price back below the diagonal resistance, then will we consider the attack on false and possible new bearish momentum.
Jr_Trader_I_Ivanov
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