AUDJPY Buy

Pro's

1. Decent pullback to minor support level @ 50% Fib

2. Green pinbar in a bull trend showed by 4H EMA's

3. Price should retest the top to create a M-Formation

Con's

1. Price might go lower to actually touch the EMA's first before the move up

2. HFT #'s is lower @ the EMA's
Beyond Technical Analysis

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