The Feds Gamble: AUDJPY
This is a weekly trade update on The Feds gamble portfolio, which is long USD, Long JPY this is the action that we have seen.
Number of various head fakes have taken place as it flipped from bearish to bullish and back bearish.
Ultimately AUDJPY printed out a early support to the week at $82.5 after falling from 83.25 which was the opening top to the week.
11th-13th AUDJPY saw a weakening jpy leading to a range developed 10th-11th ending with a range break out giving us the eventual to in the market
13th-14th AUDJPY showed a strong sell off after making new highs and ended in a new lower low
Number of various head fakes have taken place as it flipped from bearish to bullish and back bearish.
Ultimately AUDJPY printed out a early support to the week at $82.5 after falling from 83.25 which was the opening top to the week.
11th-13th AUDJPY saw a weakening jpy leading to a range developed 10th-11th ending with a range break out giving us the eventual to in the market
13th-14th AUDJPY showed a strong sell off after making new highs and ended in a new lower low
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