Dollar Versus Yen and Aussie March 15th

FX Strategy Video > Currency Pairs Analysis

USD/JPY continues to plow higher. At this point in time, it is becoming more and more obvious that the trend is changing. Don't believe us? Check out the 50, 100, and 200 day EMAs now. The trend traders are the absolute last to exit.....and by definition - there are exiting short positions at this very moment.

AUD/USD has fallen again. However, the 1.04 level is just below, and it looks very supportive. It is at this point on the chart that we look for bargains.

Published on 14th of March 2012
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