Chris Capre’s Current Live Open Trades: USDJPY, GBPCAD, CHFJPY, EURUSD, FXo EURJPY, BIR
AUDJPY – Testing LT Key Support (Daily chart)
After a week with Yen-crosses selling off heavily, the AUDJPY has arrived at a long term key support level @ 81.75, an area both bulls and bears should find very interesting IMO.
A solid bounce from here would put 84.50 back into focus whilst a strong daily close below 81.75 would change my LT bias from neutral to bearish and likely would lead to further selling down towards the next support waiting at 80.70.
Keep up to date with the members daily trade setups commentary for updates.
USDCAD – Strong Attack On LT Key Resistance (Daily chart)
The key …