eirik.kaasa
Short

Free fall potential in AUDJPY

FX:AUDJPY   Australian Dollar/Japanese Yen
56 0 5
Hello traders, there is no good reason why the AUDJPY             should not take a nosedive on the monthly. Trend is down, driven by heavy supply and no real demand to stop it. If no big change in the fundamentals, there are at least 800 pips here if we get past the 74.250-area.
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