Yen Versus Franc and Aussie December 26th

FX Strategy Video > Currency Pairs Analysis

CHF/JPY pair fell on Friday after failing at the 84 level. The area was once supportive, and now looks very resistive. With this in mind, we like the pair to the downside currently.

 

AUD/JPY is a very highly risk-sensitive pair. It has recently failed to get back above the 80 level, and the pair even made a shooting star on Friday. With a break of the Friday lows, we are selling for a short-term trade.

Published on 23rd of December 2011
eTorro - Trading Starts Here

Start Trading Forex with up to $10,000

  • 100s Videos and FX Strategy articles
  • Advice from our FX traders
  • Practive free with using real time