In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 17th session.
USD/JPY — The trading session was volatile on Thursday. Initially, the market fell towards the 107.00 level, Lately, the market has been consolidating between the 109.00 level and the 107.00 level. To the downside, the 105.00 level is the target. To the upside, the 111.00 level is the target.
AUD/USD — The Aussie formed a hammer candlestick on Thursday session. Any rally from here is to be short lived. So, find exhaustion, and sell rallies. To the downside, the 0.6200 level, and the 0.6000 level are the targets. A
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