JPY pairs bounced off strongly from support areas and target previous high resistance. At current most pairs are targeting previous highs, break of the resistance will further confirm the continuation of Bullish momentum in JPY pairs. For Intraday Trader, Buy at dip with TP at previous highs.
AUDJPY outlook - Long
Sardar Uddin
-TradeCuts
Although your long look ok I would rather see it go down to that support on your chart (blue range below the one you are looking at. Thats what I am waiting for. Not saying you should wait as I am not sure price will get down there but thats my story and I am sticking to it. Unless I see something big thats my long.
Technical analysis May 8th? Nice to see a trader from the future who can tell us what we should do today (May 6th) because he tells us the outcome on May 8th. Just saying…
The Force is strong with this one.
[QUOTE=“SimonTemplar;486230”]
The Force is strong with this one.[/QUOTE]
08 May 2012
Hindsight
First sorry for the wrong Date in title.
The trade didnt go our way as we anticipated but we still expect overall long move for AUDJPY.
Best
-Sardar Uddin
TradeCuts
Definitely it is 
