Certainly I won't look to short this pair as I do not know when more intervention will happen. I will continue to buy on yen pairs until the higher time frame shows sign of exhaustion or turn.
Friday, September 17, 2010
AUDJPY 2010-09-17 Analysis
(Technical
analysis done by Eric Lye in our Forex Trading Blog. The purpose is to
share how we analyze the market and put ourselves on the side of higher
probability of things happening.)
Certainly I won't look to short this pair as I do not know when more intervention will happen. I will continue to buy on yen pairs until the higher time frame shows sign of exhaustion or turn.
Certainly I won't look to short this pair as I do not know when more intervention will happen. I will continue to buy on yen pairs until the higher time frame shows sign of exhaustion or turn.
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