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Naomi293
Aug 23, 2019 5:36 PM

LONG (AUDJPY) Long

Australian Dollar/Japanese YenFXCM

Description

- Buy
- Pair oversold on both RSI and Stochastic Oscillator on 4-hr and weekly chart
- Pair previously oversold on daily chart
- Pair at support
Comments
Pxace
what rate should we buy? how likely is this breakout?
Naomi293
@Pxace, I would do a market order once the pair crosses the EMA and retests for a less risky trade ... It's likely that there is a huge breakout as the pair has been on an overall downtrend since Jan 2018 and may have exhausted lows
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