January 25, 2019 08:24: Australian dollar vs Japanese yen / Australian dollar vs US dollar trading strategy [from Tetsuya Emori's newsletter]
From the investment newsletter "Jemori Tetsu's Real Trading Strategy" by Tetsu Emori, provided by GogoJungle, here is a small excerpt from this morning's update. This time, please take a look at the trading strategies for AUD/JPY and AUD/USD.
We will maintain a short position on AUD/JPY. The long-term trend is 84.15 yen. The bearish scenario range for 2019 is 67.63–79.23 yen, with year-end at 69.96 yen. The January bearish scenario range is 75.18–79.23 yen.
We will maintain a short position on AUD/USD. The long-term trend is 0.7615 dollars. The bearish scenario range for 2019 is 0.6371–0.7200 dollars, with year-end at 0.6504 dollars. The January bearish scenario range is 0.6867–0.7200 dollars.
From “Tetsu Emori's Real Trading Strategy” (Tetsu Emori)quoted.
Because it may take time to resolve the U.S.-China trade war, there is a possibility that the start of the U.S.-Japan trade negotiations could be delayed, which could prolong the risk of a stronger yen. (Editorial staff)
