14 September 2010

USD/JPY : 79.70?

  • Fresh lows of this current down leg being made (now at 83.37).
  • Next chart point on long term chart = 1996 low at 79.70.
  • Short (kept most of USD/JPY leg when AUD/JPY stop loss was triggered).
  • Confusing behavior, because market in Risk On mode yet USD/JPY is selling off.

2 comments:

Taichiseal said...

BOJ intervention finally at 83. Long awaited.

Waiting for the dust to settle, then add on to short USD/JPY.

Taichiseal said...

-85.13