machos
Long

AUDJPY - Long after confluence of support, trendline, 100ema

FX:AUDJPY   Australian Dollar/Japanese Yen
55 0 0
Seeing another confluence of support, trendline, and the 100ema. This worked well last week and may or may not work again. It already bounced off the support a bit today, creating a tail (but the candle has not closed yet). Might be a good idea to go long at the support aroung 92.63.

Stop is placed below the tails. Going long until the recent highs.

Please comment your views - especially if you disagree. I want to see how you are viewing this pair.

Also, the AUDUSD             bearish movement is weighing this pair down, so once that starts to retrace, this pair should go up because of the broad yen weakening.
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