FOREX Trading: Pending AUD/JPY Short

DailyFX

The AUDJPY has stalled out several pips below the well-defined 8480. This is a high risk area for bulls and therefore an area that may produce a meaningful reversal but a drop below 8414 is needed before I can trade from the short side.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.

Rates

View Comments (0)