GrizzlyBearBee

AUDJPY Update: Best trade idea for Q1

Long
FOREXCOM:AUDJPY   Australian Dollar / Japanese Yen
Sitting above the 50 day Moving average, the pair has recovered yesterdays' loses.

Yield Spread
Fundamentally speaking, the Australian -Japan Government bond yield spread is gaining momentum as the RBA is expected to tighten monetary conditions while the JCB has held ground on keeping conditions as lose as possible. This is perhaps on of the best trades for Q1


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