coondawg71
Long

AUDJPY; Time for Longs? 4 Targets

FX_IDC:AUDJPY   Australian Dollar / Japanese Yen
Could be either a really good time to start getting long Aussie Yen or the heavy selling will continue much further. I have an ideal entry level with a really tight stop. Break that stop and I will be looking for shorting opportunities. Chart has the four targets with Risk Reward ratios. Still a little selling off to do to rid the shorters before a heavy bullish sentiment takes over on this pair. Or, we may see RBA make a move then all deals are off.
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