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EURUSD BUY @ 1.08954
🔹TP - 1.09152
🔸SL - 1.08830
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AUDUSD BUY @ 0.67727
🔹TP - 0.67930
🔸SL - 0.67601
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USD/JPY I’d Be a Buyer
So quite frankly, this looks like a buying opportunity to me. That doesn't mean that it's going to be easy. I didn’t expect that at all. But the reality is that you will get paid to hang on to this pair and I think that is going to continue to be the thing that most people pay attention to. In fact, when I look at the four hour chart, we're already starting to try to form a bit of a hammer.
So, it'll be interesting to see how this plays out. But I think the traders are looking at this as an entry point, because, quite frankly, the ¥158 level had previously been so resistive so it does make a certain amount of sense that there would be market memory in this region. I'd be careful, but I am intrigued.
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AUDUSD BUY @ 0.67720
🔹TP - 0.67916
🔸SL - 0.67580
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