AJ has broken 81.35 crossroad
So far the Aud/Jpy have crossed below 81.35 and held day 1. This could be the start of a larger downtrend in commodities and equities world wide. Commodity wise, dropping prices is less inflation. Makes it harder for the fed to raise. Equities usually like this because of cheap money (usd). I counter this assumption, 2008 it didn't matter, everything still dropped with cheap money. I am just saying, all we believe has exceptions.
I left my Nzd/Jpy long go..took the loss..
I kept mine over the weekend. I am expecting something crazy to happen over the weekend to distract from the news. Why got Stormy on 60 minutes, and the kids marching in Washington. Some sort of craziness sure to follow.
we are opposite in trades..I am long AJ and you are short.. I don't mind if I lose my , I will be happy if you win.....good luck...