Hey tradomaniacs,
welcome to a quick video for your NON-FARM-PAYROLL preparation.
PRICE-LEVELS:
Statistical edge: Short
Short-Area at 1,10274
Long-Area at 1,10539 or 1,10879
NOTE THIS PLEASE:
Fundamentally, these NFP`s can be very tricky for the market to interpret!
The market is currently driven by news regarding to the tradewar, brexit and monetary...
daily chart shows audjpy has bounced off weekly trendline, price than made an ascending triangle but failed to break to the upside and did the opposite. Price was selling off instead, made a correctional move after impulse kicked in and broke through minor support which has now become minor resistance.
Waiting on price to retest resistance for confirmation that...