AUD/JPY: Re-setting shorts around 81.40

audjpydaily

Having been lucky enough to book most of my short position at 78.30 on Friday, I am looking to reset the position close to 81.40 with a complete strategy stop above 82.00. This is an expensive trade to fund so trading it actively has proven to be a good strategy. With a big risk event tomorrow, I’m hoping of course that we get some more risk aversion as the FOMC announcement at 18:15 GMT approaches.

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