traderh

AUDJPY Short

Short
traderh Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
Short 73.4 or 74, TP 71.7 to 69.00

Fundamental Catalyst:
- Coronavirus global epidemic affecting China growth and Global growth
- Uncertainty of China fulfilling her phase 1 trade deal with US
- Phase 2 deal won't happen until after US elections
- Rate cutting for RBA is still on the table
- Australian bush fires would have some economic impact
Comment:
Possible Headwinds:
- BOJ easing is always a probability
- Finding a cure for Coronavirus

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