Short term trading opportunities of EUR/USD, USD/JPY and AUD/JPY
|Position update
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AUDJPY: In Asia Market, we closed the trade at cost before RBA Minutes and Lowe speech.
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EURUSD: Hit profit stop at 1.1168.
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DXY: Hit profit stop at 97.70.
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EURUSD: Today we entered a short term trade to go long EURUSD at 1.1165, unfortunately already stopped out at 1.1145.
For now we keep position flat.
The price consolidated in a narrow range, 1.1134/28 is the next level to watch.
FOMC Minutes should be the next catalyst.
The price was just rejected by the bottom of daily Ichimoku cloud.
If seen, the upside may be overlap and complex. We'll look for better buying opportunities.
AUDJPY
The price failed to close above the downtrend channel.
RBA expressed clear easing bias, we have to stand aside for now.
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