AUDJYP TO RISE
Updated
AUDJYP MAY RISE DUE TO THE FED CUTS WITH THE EUROPEAN MARKETS, WITH THE EMA3 RIBBON STRATEGY IT LOOKS LIKE A BULL TRIANGLE RAISE SHORT TERM
Before the retest at the support line 71.242, if it shoots pass then it possible to hold for another day or two unless more bad news coming
Considering the Us30 and au200usd is rasing back up again, I do believe that the rate cuts will occur to stimulate the markets
AUDJPY
Before the retest at the support line 71.242, if it shoots pass then it possible to hold for another day or two unless more bad news coming
Considering the Us30 and au200usd is rasing back up again, I do believe that the rate cuts will occur to stimulate the markets
AUDJPYTrade closed manually
Closed off due to the US Dollar weakened the fed cuts was unexpectedly against the market with the Us30USD down along with AU200AUD look for another drop in the AUDJYP for next few days
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.