MonsunAsia

AUDJPY - Bearish Bias

Short
MonsunAsia Aggiornato   
FX:AUDJPY   Dollaro australiano / Yen giapponese
AUD - Strong Bearish
1️⃣ Beijing is stepping up measures to reduce steel production due to environmental problems.
2️⃣ Preliminary readings show retail sales in Australia are down 1.7%, after a 2.7% decline in the previous month.

JPY - Strong Bullish
1️⃣ Investors’ concerns about the uncertainty of the economic recovery could support the value of the JPY.

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Technical
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We are selling AUDJPY after it failed to break the resistance level.

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Risk to this trade
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Any change in sentiment could turn the pair's direction.

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Trade attivo
Trade chiuso: stop raggiunto:
✅ TRADE HAS HIT BE

+5 PIPS

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