April 8, 2019 08:09: Australian Dollar/Japanese Yen and Australian Dollar/U.S. Dollar trading strategy [From Mr. Tetsu Emori's newsletter]
GogoJungle provides a glimpse from Tetsu Emori's investment newsletter "Tetsu Emori's Real Trading Strategy," from this morning's distribution. This time, please take a look at the trading strategies for AUD/JPY and AUD/USD.
We will pass on AUD/JPY. The long-term trend is 82.80 yen.
We will pass on AUD/USD. The long-term trend is 0.7530 dollars.
'Tetsu Emori's Real Trading Strategy' (Tetsu Emori)quotation.
Last week's U.S. jobs data overall did not provide a basis for further rate hikes or cuts. However, following the employment report, President Trump has been emphasizing rate cuts, and with the uncertain trajectory of U.S.-China trade negotiations, there still seem to be many noteworthy factors. (Editorial desk)
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