AUDJPY Daily Outlook 12th December, 2013 (Thursday)
Daily Chart
- Was a negative day showing a huge bear candle
- The Stochastics divergence upward trendline seems to be breaking,
Hourly Chart
- Yen strength is continue to gain yesterday driving most yen crosses down
- Two long bounce (high risk) trade possible
Outlook Trade opportunity
Our Trade recommendation yesterday gave us right now 140pips profit! was a huge winner.For today, I would not trade as it is currengly sitting at minor support at 92.60
However if this fails the next support is 92.250,then
Trade #1 i will place buy order at 92.250 small position for a bounce here for a 20pip profit
Trade #2 - if prices go to 91.790 - i will have buy order here as well for 30pip profit
No comments:
Post a Comment