AUDJPY - Long

109
Inflation data tomorrow. Rumours of rates hike but nothing confirmed yet. You’d expect hawkish language but still some reluctance.

Given the word being on fire, I don’t see JPY rushing to make big policy changes.

Aud commodities support strength there too…

I’m in, long. Against popular opinion but they are the best trades.

SL set at 100.5 with a 1% Risk Rating.

What does everyone think?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.