Australian Dollar / Japanese Yen
Short
Updated

AUDJPY Sell (short-term)

39
Riding the opportunity for possible pull-back in daily charts. Setting up a sell stop order below base fib in 1H chart with TP at base pivot line and SL below R1.


D:
snapshot

W:
snapshot


Confidence: B (since it's just a pull-back, and fundamentally AU's economic outlook is good and RBA rate hike is expected on the 2nd half of the year, while Japan is expected to retain its dovish stance)

Trade closed: target reached
Profit <3

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