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$AUDUSD $USDJPY 27 March 2012

by Gav Leave a Comment

[tab: Asia Morning]

Here is the hourly structure of $AUDUSD I am looking at for today’s trading. It is not difficult to see the confluence of ABCD completion, resistance level and channel on the chart.

$AUDUSD 27 March 2012 Asia Morning

Not much changes for $USDJPY during overnight U.S session. Still looking at potential test of 8315/8320 range.

$USDJPY 27 March 2012 Asia Morning

 

[tab: End of Tokyo session]

$AUDUSD completed ABCD formation, and immediately reacted at the resistance level.  Next immediate support is seen around 1.0485.

$AUDUSD H1 27 March 2012 After Tokyo closed

 

$USDJPY H1 27 March 2012 after Tokyo close

Filed Under: Daily Comment, Trading Journal Tagged With: AUDUSD, FX, Trading Journal, USDJPY

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