AUDJPY is consistently rising in the upward trend, we see this trend to continue for some more time, now AUDJPY is trading in channel pattern, the current price level is at the support level of channel pattern we might see a rise in price from current price level towards the resistance level of channel pattern. One can initiate the trade on the long side with stop loss at just below the support level as per the individual risk management system.

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Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.