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RiccardoAnnoni
Apr 19, 2015 4:03 PM

AUDJPY in a range between 0.9 and 0.95 

Australian Dollar/Japanese YenFXCM

Description

This pair is for RSI or STOCHASTIC lovers, as lately has been ranging between 0.95 and 0.9.
The classical pair for noobs, the ones that love to pick top & bottons.

Now, curiously enough, at 92.5 the price is right in the middle of the range, so I would stay flat waiting for a confirmation of resistance at 0.95 or support at 0.9.

In trading, PATIENCE is the key. :-)
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