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Thursday, February 16, 2012

AUD/JPY 16.02.2012


/ On : 10:49 AM
Yesterday the AUD / JPY has met resistance at 84.50 then plunged to less than 84.
The price is always above the line in support of its previous symmetrical triangle (purple lines on the graph); bullish slant today.
All indicators are still bullish.
We maintain to trade only long positions that the course will be located above 83.
A return of more than 84 courses will strengthen our bullishness on parity.
A break of 84.50 then up a new buy signal for a bullish extended to 85 or moreif this level is also broken.
In case of return of the course under 83then we will wait for a break from 82 to notify theinput / process no more than short positions in parity.


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