Hi Traders
Please see our analysis on AudJpy.
We are anticipating some JPY strength coming into the market but we are yet to see this so want to see some reversal momentum coming in before we commit to this trade.
A rejection here and a break of the ascending trend will give us that confirmation and we can then start looking for shorting opportunities.
Let me know in the comments below what you think of this scenario.
Remember trade safely and 1% is always enough.
The Fx Chartist
Please see our analysis on AudJpy.
We are anticipating some JPY strength coming into the market but we are yet to see this so want to see some reversal momentum coming in before we commit to this trade.
A rejection here and a break of the ascending trend will give us that confirmation and we can then start looking for shorting opportunities.
Let me know in the comments below what you think of this scenario.
Remember trade safely and 1% is always enough.
The Fx Chartist
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