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Breach of resistance could mean a start of a bullish trend on AUDJPY

AUDJPY has broken through a resistance line of a Channel Down chart pattern. If this breakout holds true, we may see the price of AUDJPY testing 101.9282 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

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