Risk on favours AUDJPY longs
If you are struggling for a currency trade idea this am the typical risk on and risk off currency is the AUDJPY.
- When risk is on: AUDJPY longs are in play
- When risk is off: AUDJPY shorts are in play
Expect buyers on any pullbacks with this pair as long as risk remains on and so too for the NZDJPY. Simples.
