Objective Forex: Thursday Double

Thursday, June 4, 2015

Thursday Double

GBPJPY Is still going strong although we ended our pick on it yesterday, we see a lot of positive action going into friday here for GBPJPY, but we have a different set of plays in mind for today.

Today we have a special double play.

LONG CHFJPY at 133
CHFJPY currently has one of the strongest upward trends we can spot and there should be no reason for a reversal soon. This should be a solid long play through friday for us.

LONG AUDNZD at 1.07
Although not as strong of a trend as the CHFJPY it is still following one, we suggest a tight stop and ride this one up on a shorter time frame then the CHFJPY play.

(click to enlarge picture)

Enjoy these thursday picks getting us ready for a relaxing weekend and more trading filled weekdays.

 Happy trading.

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