Tuesday, October 09, 2012

AUD / JPY Update: Tuesday 9th October 2012 04:48hrs

AUD / JPY

I have been triggered in to the trade and I am short with 1% risk.

Price is still retracing at the moment, therefore the stop remains at 80.40.

I am looking for a break of 79.70, which will allow me to move the stop loss to break even.

Chart below:



I will update again later as the position develops.

Have a good morning.

Regards

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