AUDJPY bounced from support, potential for a further rise!
AUDJPY bounced off 73.730 where it could potentially rise further to 74.320.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Audjpyidea
AUDJPY reversed from resistance, potential drop!
AUDJPY reversed off its resistance at 75.135 where it could potentially drop further to 73.958.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY potential reversal!
AUDJPY expected to rise up to 1st resistance at 75.135 where it could potentially react off and drop down to 1st support at 73.958.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY to climb from upside confirmation, potential bounce!
AUDJPY to climb from its upside confirmation at 72.485 where it could potentially bounce further to 73.460.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY LongHi,
This is a technical setup, a Gartley formation on the 15-minute chart. There is a fundamental reason to take this trade, the data coming out of the USD is slowing which may encourage the US to introduce loose policy, and when the US does something the rest of the world follows.
Entry: 71988
Stop loss: 71909
T1: 72199
T2: 72545
Would trail stops at T1 to break even. Risk 1% on this trade since we are in a choppy environment.
AUDJPY reversed from resistance, potential drop!
AUDJPY reversed off its resistance at 72.359 where it could potentially drop further to 71.050.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.