AUD -6 JPY 0
Looking for a short term trade to the previous breach of sellers @ 76.430 if momentum from the asian open and aussie news is able to bring it up.
If not will be looking to take longs to 76 and 76.200 Region
Prices are getting rejected off the hourly charts and AUD have been trending down for quite sometime.
It seems buyers are lifting the offer, hoping to get a good price around the 75.800 with a good reaction from the buyers. Expecting prices to spike as well because of news catalyst.
Looking for a short term trade to the previous breach of sellers @ 76.430 if momentum from the asian open and aussie news is able to bring it up.
If not will be looking to take longs to 76 and 76.200 Region
Prices are getting rejected off the hourly charts and AUD have been trending down for quite sometime.
It seems buyers are lifting the offer, hoping to get a good price around the 75.800 with a good reaction from the buyers. Expecting prices to spike as well because of news catalyst.
Note
Prices are currently at 800, Fading sellers. Still on standby as sellers momentum is still strong. Expecting prices to range within the 600-800 range or 76.00 to 75.8Note
Looking for a weak pull back into the 720 to enter a buyNote
hoping prices to spike down the 720 hunting the stops on the buyers, and if that push down fails a long is possibleNote
Stop hunters incoming, Preparing for a buy if hunters failNote
looking for 1 more push from the huntersNote
Strength from JPY Group pushing AUD downNote
Entered long at 75.700Note
re enterspiked out
Note
Scaling in adding positions. Currently JPY pairs are all Correlated and USD CAD have already reversed due to weakness in those 2 currencies. Expecting AJ EJ and GJ to follow suitTrade closed: stop reached
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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.