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Trade Setups for Friday

EURJPY 5 mins

AUDUSD 5 mins

GBPJPY 5 mins

Seeing triples? In fact they look the same on most charts. (EURUSD, GBPUSD and AUDJPY). Whilst waiting for the price to rebounce off EMA 62, analysis must be done to select which to trade. Personally I’m liking the R:R on AUDUSD.

EURJPY and GBPJPY’s SMA200 is too far for my liking.

Most likely will target the AUD pairs. Word around is that AUDJPY will be a good pair with lots of action today.

(Earthquake last night and strong AUD employment figures will fuel the action).

Subsequent Update

Not meant to be..

Didn’t pull the trigger @ the circled area. Just not meant to be. Oh well.. Missed a 30 pipper over there.

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