traderparag

AUDJPY is a good short opportunity on 1HR chart

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
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4
Using 20 EMA (strong close above) as trailing stop loss, AUDJPY looks like a good opportunity to short right here for a good rally down...

Besides, AUD is very weak and JPY is pretty strong overall for now...
Trade closed manually

Comments

Price hasn't touched 20 EMA as yet - so far it's been a profitable trade - and the good thing is, it's still open for entry as price has retraced a bit in last few hours...
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