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Forex Trading | AUD/JPY : Longer Term Trading Approach: ForexAbode.com

AUD/JPY long term trading approaches
 
Forex Trading : AUD/JPY - Mid to Longer Term Trading Approach

AUD/JPY: Current 81.89 (Sunday, March 7, 2010).
 
Please refer daily charts and not short-term charts e.g. hourly charts.

Australia’s economy grew last quarter at the fastest pace in almost two years, with gross domestic product climbing 0.9 percent from the third quarter, the Bureau of Statistics said March 3rd.
 
Analysis: The currency pair should move upwards to 82.80 in coming days but should face resistance at that level. If that resistance is broken then we would expect a move towards 84.00. But we do not expect any strong uptrend in the mid-term. We would only be taking short-term positions for AUD/JPY as we expect a downward movement in coming days/weeks.

 

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For short term trades, please refer to daily technical analysis for AUD/JPY.

 
Daily Forex Analysis - Long Term Strategies
 
Euro- US Dollar-Long Term
US Dollar- Yen -Long Term
Euro - Yen - Long Term
Pound - Yen - Long Term
Pound- Dollar - Long Term
Au-Dollar -Yen- Long Term
Au-Dollar-US Dollar- Long Term
Dollar - Franc - Long Term
Daily Forex Analysis - Short Term Strategies
 
EUR/USD Euro- US Dollar-Short Term
USD/JPY US Dollar- Yen -Short Term
EUR/JPY Euro - Yen - Short Term
GBP/JPY Pound - Yen - Short Term
GBP/USD Pound- Dollar - Short Term
AUD/JPY Au-Dollar -Yen- Short Term
AUD/USD Au-Dollar-US Dollar- Short Term
USD/CHF Dollar - Franc - Short Term
 
 
 
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