Still short EURUSD, which is negative on the roll. Looking for offsetting trades, and this one popped up. No target for this one as the overall view is still developing. 14 more words
Tags » AUDJPY
I will look to sell AUDJPY at 92.250 with a 20 pip stop and a target of 91.250. I am looking to sell at this level because of the geometry that coincides here in the form of the 1:1 (Yellow) and 38.2 fib. 35 more words
In the morning, AUD retail sales was good, driving price towards the neckline level.
However, I am still looking for a neckline retest trade.
For big picture: 50 more words
In week 4 , AUDJPY registered a strong bearish closed below 3 weeks low, establishing the Head and Shoulders pattern, and invalidating the bullish flag. 240 more words