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FX.co ★ AUDJPY M5: Bullish Rectangle

AUDJPY M5: Bullish Rectangle

Bullish RectangleAccording to the chart of M5, AUDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 82.91, the lower border is 82.84. The signal means that a long position should be opened above the upper border 82.91 of the Bullish Rectangle.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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