AUDJPY is a good short opportunity on 1HR chart Short

Australian Dollar/Japanese YenFXCM

Description

⋅ Apr 29, 2016 12:22 AM

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

⋅ Mar 16, 2017 3:13 AM

AUDJPY

Comments

traderparag

⋅ May 2, 2016 5:43 AM

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...