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ridethepig
Jan 13, 2019 7:30 PM

Risk off for earnings season Short

Australian Dollar / Japanese YenFOREX.com

Description

=> Here we are expressing a bearish view for earnings season next week via shorting AUDJPY.
=> After Apple missing badly, rightfully we should be concerned for the week ahead. There are many ingredients now in the pot cooking for the economic slowdown and here we can isolate Australia as the domestic story remains bearish.
=> The technical side of this trade is simple. Here we are selling resistance with targets at the middle of the range.
=> Good luck all those in live

Trade closed: stop reached

Comments
FXCM
great idea on audjpy, glad that we have similar bearish bias. Please take a look at our idea and let us know what you think

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