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Audlong

AUDJPY longYesterday trade balance in Australia was below expetations (0.86B vs. 1.78B) which deppreciate AUDJPY below 87,5. Nevertheless today's retail sales was quite optimistics (0,3% vs. 0,2%). It's not a perfect data compared to the last read of this publication (0,6%), but fact that AUDJPY is now in support area and also Japan 10Y bond yield are descending, it could be nice opportunity to long entry in AUDJPY. It's also mid-term uptrend on this pair and as we all know: "trend is your friend".
Long
by Krzysztof_Kaminski
AUDCAD - Will the trend continue?After a few successful long entries on AUDCAD -0.10% , I follow up with another one. My clues here are: Bounced off historical support/resistance level. Bullish trendline as support Cypher-pattern completed Double bottom at above mentioned level of interest Momentum turning around Targets marked on chart. First target markes the 0.618 fib retracement of the latest high. Second target, retest of high and monthly resistance level . Lets see how we do
Long
by timmynorin
LONG AUD/JPYThe Aussie has become somewhat neutral currency due to the halting of monetary easing giving the opportunity for the AUD to rally from lows against weaker currencies. On the JPY side of the trade the BoJ are actively intervening in the FX space to keep their currency weak. The dangers of this trade are the safe haven flows strengthening the JPY momentariy. However with the upcoming potential for further montary easing from the BoJ we should see this currency pair strengthen in the mid term. lear to trade like a pro bankonadam.com
Long
by FreeForexSignals4u