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FX.co ★ AUDJPY H1: Double Bottom

AUDJPY H1: Double Bottom

Double BottomThe Double Bottom pattern has been formed on AUDJPY H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 100.75 is broken. The further movements will rely on the width of the current pattern 50 points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction
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