Monday, November 19, 2012

AUD / JPY Update: Monday 19th November 2012 17:09hrs

AUD / JPY

Price has made another new high and is within 40 pips of the target of 84.95.

The position is in profit by 4% at the time of writing.

Chart below:


As I mentioned this morning there is news out for AUD and JPY overnight tonight.

I have therefore moved the stop loss to 84.18.

This has locked in 3% minimum profit on this position

My target remains at 84.95 for 5%

Have a good evening

Regards






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