Wednesday, June 23, 2021 5:14 AM EDT
The AUD/JPY market flow is showing signs of a potential bounce. The market is retracing.
If the market makes a retracement towards the POC zone within 94.00, we might see a move down. A potential move could be targeting 83.30, 83.02. The break of the 83.00 level should be targeting 82.62. Only if the price gets above 84.00, bears will be in danger. Selling the rallies is the option now.
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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high ...
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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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