Bullish on USD/JPY & Oil, AUD looks southwards – FuturesTechs
In this segment, Clive Lambert, Director of FuturesTechs reasserts his bullish view on the USD / JPY pair, explains the bearish technicals for AUD/USD pair and details the bullish developments on oil charts. He is interviewed by Tip TV’s Zak Mir.
Oil traders… are you planning to be on the oil price recovery? Watch this segment to know the ideal entry level and key upside levels/target.
Key points
USD/JPY – The charts look extremely bullish. Key upside levels are around 110.35-111.45-113.00
AUD/USD – Broke an uptrend support line. Next move likely to be below 0.75 and towards 0.7440
Crude – hammer candles on Monday. Looking like a low is in. Brent crude – would be looking to go long 45.90 (January Brent), should go beyond 47.50 – 49.80
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