Wednesday, November 21, 2012

AUDJPY Short Trade AUDJPY Short Trade
I am watching this setup from yesterday. I went short at 84.64. Previous post [here]. 

Price is moving along the wedge and entering into overbrought area. I expect 85 figure to provide a good resistance.

I am still holding my short and will add more close to 84.90 area depending upon how the price reacts when Europe comes in.


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