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While AUDUSD and USDJPY present particularly enticing technical setups, their is considerable trade opportunity across the dollar and yen-based pairings. Seeing the tension build on such clean range, trendline, head-and-shoulders and other technical patterns is tempting for traders who want to see more substantial moves from the FX market. Yet, false starts, fundamental hurdles and market conditions can turn ideal setups into something very different. In today's video, we run through the pulsating charts and discuss all the elements that can add up to better trades.
Find out what event risk can threaten the trade setups discussed in today's video with the DailyFX Economic Calendar.