lukelehepuu

AUDJPY 50% WINNER, 50% LEFT

FX:AUDJPY   Australian Dollar/Japanese Yen
134 0 9
Just posting this for people who might want to join in the last part of the move (if we get it). AUDJPY             failed to get to the previous resistance level which indicated some bearish strength in the market. We then broken down significantly but didn't reach our target. I am adding a second position (short) and will wait a couple of weeks for it to reach target. You can place stops above the yellow resistance lines if you are worried about potential upside. I will be looking for continues JPY strength considering what happened last week and how quiet Japan has been on their monetary policy .
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