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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 testing key support, bounce expected!

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Trading Recommendation

Entry: 64.060

Reason for Entry: Graphical swing low

Take Profit : 65.947

Reason for Take Profit: Descending Trendline resistance, 50% and 38.2% Fibonacci retracement and 61.8% Fibonacci extension

Stop Loss: 63.059

Reason for Stop loss: -27.2% Fibonacci retracement

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