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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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AUD/JPY profit target reached, turn bullish.

Price dropped perfectly to our profit target previously. We now turn bullish above major support at 79.16 (Fibonacci retracement, Fibonacci projection, horizontal support) for a push up to 80.00.

RSI (21) is above major support at 39%.

Stochastic (21,5,3) is above major support at 40%.

Buy above 79.16. Stop loss at 78.72. Take profit at 80.00.

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The material has been provided by InstaForex Company - www.instaforex.com