Objective Forex: Monday Dual Pick (USDJPY and AUDCHFi)

Monday, July 20, 2015

Monday Dual Pick (USDJPY and AUDCHFi)

We have two strong alerts for today, USDJPY and AUDCHFi, we've really missed out on the USDJPY run in the last few weeks but it still has much more room left, it could potentially spike up past 126. We're getting in on this solid trend. Speaking of solid trends AUDCHFi has established one as well, just a bit more volatile. We recommend tight stops on the USDJPY and looser ones on the AUDCHFi, good luck today.


LONG AUDCHFi at 0.71

Take a look at the 15 minute graphs, notice the institution level drop and buy chunk at the beginning of the USDJPY graph.
(click to enlarge)

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