AUDJPY short the risk aversion | 22 April 2020
AUJPY is on a bearish trend in the long term and we take it as a strong representative of risk sentiment ( can refer to its strong correlation with SPX which we showed in the video). We are shorting it from a key resistance level and we are waiting for a further push up to that level.
Entry: 70.32
SL: 72.84
TP: 64.24
Entry: 70.32
SL: 72.84
TP: 64.24
Catatan
price moved closer to our entry! we need a bit more push up to trigger the trade!
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