Australian Dollar / Japanese Yen
Short
Updated

AJ (last couple Decembers is a sell)- per monthly charts

130
From the monthly charts of AJ, last couple of years- December (next month) is a sell. I will be looking for selling opportunities only at this time.

Chart attached is weekly AJ chart- which shows a red box from the 90.000 to the 94.000 area which, in my opinion price action will go for the remainder of 2024.

At this time price action is around 100.00- so if that happens it is at least a 600.000 pip sell opportunity at this time.

Good luck with your trading- stay safe. Please have a great rest of year and god bless.
Trade active
From initial idea, price action in going southbound or selling per attached chart, still a lot of room to fall to the noted box, per chart. Stay safe and always use a stop loss.

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.