AUDJPY – Trading near a LT level

The AUDJPY is trading in a short term range (green lines) around a long term level (blue line):

AUDJPY
AUDJPY

Since it is a well defined range, we could trade it (look for long opportunities near the bottom of the range, and short opportunities near the top of the range).

Or you can wait for the AUDJPY to break the range and trade on the same direction.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .