Discuss Aud/jpy at the Forex within the Traderji.com - Discussion forum for Stocks Commodities & Forex; The AUD/JPY is also a lot of potentials. Recently it had an rsi of 75.02 ...
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The AUD/JPY is also a lot of potentials. Recently it had an rsi of 75.02 and is still in a good position to go short. However, I think people should wait until the rsi hits that 70 mark to make a move to short the currency. What do you think? Any suggestions.
Thanks for the support but a couple of questions... what appears to be a false break in the resistance to indicate a sell opportunity. You may be right but I just have never heard of that... In such cases of other currency pair trading a primer education and survey is a must before each fresh investments, this I usually find from a user friendly forum known as forexplane whose explanation according to the situations above can be that in such essential short conditions it is the best opportunity to sell. How can this be an opportunity to buy?
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26th February 2007, 12:20 PM
Aud/jpy
