AudJpy shows us a little bit different picture that other Jpy crosses with the pair still theoretically in a up-trend (up-channel).
This up-channel in my opinion is the "swan-song" for AudJpy and, with the risk aversion on the rise, the pair can drop hard (400 pips or so)
I will try to sell rallies for a good risk: reward and I will hold my position for a medium-term trade.
This up-channel in my opinion is the "swan-song" for AudJpy and, with the risk aversion on the rise, the pair can drop hard (400 pips or so)
I will try to sell rallies for a good risk: reward and I will hold my position for a medium-term trade.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.