Australian dollar verses the Japanese Yen

in aud-usd •  7 years ago 

This one is/was a no brainier. You buy at support, and shoot for 385 pips. Taking some profit along the way. Stops may be what you adjust to your % Risk/Reward. .8135/6122 area working from Friday. The same chart Friday's brought down to a week candle.
Without looking at equities one could assume they more than likely are rising. Or mineral based commodities are. Maybe both are. This pair rising shows the economy reasonably well. It reflects the ups and downs. Last Friday it was sitting at/near support. Its bouncing now, beware if support fails. This pair should go where the world economy goes. Capture.PNG

Capture.PNG

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thanks for the green pips... a good start on something new ..instead of just eu