Mart_Rosenfeldt

AUDJPY LONG to ride the wave

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY formed a nice bottom during August and made a higher low in October, setting the pair up nicely for a continuation rally next week, although any news about the trade war could end the current rally very quickly.
Breaking 74,5 price barrier would trigger a new wave of buyers and a much bigger rally to 76 or even 77,5.
Comment: The price is near September highs, if this barrier breaks, 76 will be tested this week.

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