AUDJPY – Bullish market condition
Not much volume today ha? The market seems to be in a general pause, most currency pairs didn’t move today, or just a few pips here and there… and to tell you the truth, I don’t think the market will move tomorrow either.
But one of the currency crosses that I’ll be monitoring the rest of the day and tomorrow is the AUDJPY, its been a while since the last time I took a trade in the AUDJPY, it wasn’t that clear back then, but now it looks as clear as water. It is trading in a bullish market condition and will look only for long opportunities:
It is currently trading at a place where we could get a good signal to go long.
Trade Safe!
Raul Lopez
Forex Training