Aussie Yen Long
The Aussie Yen presents an opportunity to go long against 3 supporting elements just above 75.00 on the intraday chart
1. The channel support
2. Horizontal resistance turned support
3. 200 period MAV
1. Enter long - around 75.05
2. Stop - below 74.00 ( recent swing low)
3. Target - 78.50 ( .618 extension)
4. RR = 3
1. The channel support
2. Horizontal resistance turned support
3. 200 period MAV
1. Enter long - around 75.05
2. Stop - below 74.00 ( recent swing low)
3. Target - 78.50 ( .618 extension)
4. RR = 3
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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.
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.