AUDJPY may resume its uptrend tonight with a close above the short-term trendline. If this happens tonight with confluence from our proprietary price forecasting algorithm we will be initiating a Long position in AUDJPY which will be correlated with NZDJPY.
This correlation, along with proper money management, will allow us to be profitable in many different ways. We do NOT have to rely on our AUDJPY long to be correct in order to make money.
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