Pitbull_4L

AUDJPY HANGING FOR DEAR LIFE

OANDA:AUDJPY   Australian Dollar / Japanese Yen
Before you complete reading this, do me a favour and go and take a look on the monthly chart and tell me what do you see. If you saw a massive wicks rejecting the upside then continue reading. The market has been stuck in a range since Thursday and Friday and with nfp how do we trade this? IT's simple. We need to wait for a break out of either support or resistance and some sort of retest because we don't want to be faked out. Trade what you see and now what you think.

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.