AUD-JPY - A two way street ?
AUD-JPY seems to has reached a critical support resistance zone right now .
You can get a good r:r on your trades by being neutral on this pair .
Buying anywhere near the support resistance zone could give a good r:r on your trade with a good and tight stop loss .
With a stronger yen last week i think bears will continue to dominate market this week too, And if this pairs break the support resistance zone then you can look for a good continuation entry .
Its a win-win both ways, just look for a good reversal or continuation entry .
FREE BLOG- forexmonopoly.com/blog__trashed/date-left/
You can get a good r:r on your trades by being neutral on this pair .
Buying anywhere near the support resistance zone could give a good r:r on your trade with a good and tight stop loss .
With a stronger yen last week i think bears will continue to dominate market this week too, And if this pairs break the support resistance zone then you can look for a good continuation entry .
Its a win-win both ways, just look for a good reversal or continuation entry .
FREE BLOG- forexmonopoly.com/blog__trashed/date-left/
forexmonopoly
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