Australian Dollar / Japanese Yen
Long
Updated

AUDJPY likely headed to 73

212
We just broke out of the .618 level mixed with a break from a pennant (continuation pattern) so I can see this pair heading north from here. Likely target is 73.
Trade closed: target reached
Target reached, closed most of my position. Will ride a small portion to see where it takes me.
Note
Wrong chart sorry. Here is the proper one.
snapshot
Trade closed: target reached
Closed out the rest of my position as we are approaching an important zone of trendline resistance on the weekly. I think things have a good chance of getting bumpy before a trend resumes. snapshot
Note
snapshot

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