Thursday, May 14, 2009

AUD/JPY

Today I sold AUD/JPY at various levels- 72.221- 1 lot, 72.115- 1 lot, 72.249 and 72.450- 3 lots.

I closed all position at 72.290 making a modest profit.

MACD and RSI gave indication of an overbought situation in the AUD/JPY currency pair to which I took advantage of selling short the pair.

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