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ishstar
Nov 12, 2016 5:28 AM

Attack of the Clones Long

Australian Dollar/Japanese YenFXCM

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Details on chart

This is also one of the best carry trades out there.
Comments
MtxTrader
It is a possibility, just as short AJ to 75.00 is a possibility. Just because you have a "Target Zone" does not mean that price will reach it, the market does what she wants. if it breaks your 75% rectracement at 88.509 then sure, I'll buy it. As for right now, it has stopped at mid 87s. I think it will go down and reach 75 before it reaches 92, you think the opposite. We will just have to wait and see won't we?
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