MUFG trade of the week: Staying short AUD/JPY

[forex4you]

MUFG trade of the week: Staying short AUD/JPY

<p>MUFG Research maintains a short AUD/JPY position in its trade of the week portfolio. MUFG targets 88.70 with a stop at 94.20.</p><p>"We are maintaining our short AUD/JPY trade idea in anticipation that the JPY will continue to rebound and recent AUD gains are premature," MUFG writes.</p><p>For bank trade ideas, <a href="https://plus.efxdata.com/ad/track/4655172E54F06040571CD0AB083845AD" rel="nofollow" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://plus.efxdata.com/ad/track/4655172E54F06040571CD0AB083845AD&source=gmail&ust=1670698244787000&usg=AOvVaw1xf3QssvnbtcAY3TLzySAu">check out eFX Plus</a>. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. <a href="https://plus.efxdata.com/ad/track/4655172E54F06040571CD0AB083845AD" rel="nofollow" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://plus.efxdata.com/ad/track/4655172E54F06040571CD0AB083845AD&source=gmail&ust=1670698244787000&usg=AOvVaw1xf3QssvnbtcAY3TLzySAu">Get it here</a>.

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                This article was written by Adam Button at www.forexlive.com.

Source: MUFG trade of the week: Staying short AUD/JPY

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