AUDJPY: Bearish on AUD, Bullish on JPY
I believe we're going to start seeing a shift in sentiment for the JPY, there were indications last week, we broke a rising trendline, we've retraced and retesting now.
Fundamentally the Japanese economy looks stronger, despite the loose monetary policy. We saw in June 2022 that BoJ can chuck curve balls in too, I'm not necessarily expecting that but if it happens I want to be on the right side.
I'm bearish on AUD with high inflation and a dovish central bank, there is big news this week, we may see another pause, if that happens then we'll be down to around 90.0 I think before a retracement.
I'm looking to get in anywhere from now up to 95.5, and a sell down to just above last week's low (92.0) ahead of the news this week, which could send this one further down, but best to be cautious!
Fundamentally the Japanese economy looks stronger, despite the loose monetary policy. We saw in June 2022 that BoJ can chuck curve balls in too, I'm not necessarily expecting that but if it happens I want to be on the right side.
I'm bearish on AUD with high inflation and a dovish central bank, there is big news this week, we may see another pause, if that happens then we'll be down to around 90.0 I think before a retracement.
I'm looking to get in anywhere from now up to 95.5, and a sell down to just above last week's low (92.0) ahead of the news this week, which could send this one further down, but best to be cautious!
Transaction en cours
Note
So far so good!Trade fermée manuellement
Closing to bank my pips ahead of US NFP, Unemployment and Avg. Earnings today
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.