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AUDJPY bounce continuation

Bullish:Currently we are @ 75.79 after a double bounce on the range bottom. IF we can break above 76.00, we are looking for a continuation initially to the 0.786 Fibo @ 76.49 and then to the 0.618 Fibo @ 77.39. The average daily true range (ATR) for the pair currently is 61 pips but its 180-day ATR is 77 pips a day.

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