Long USDJPY @ 100.35

00:36 gmt

USD has turned up and this time it looks like we will test the previous USDJPY high at 103.80!

Long $6/pip USDJPY at 100.35.

I think I’ve missed the train on AUDUSD. I am generally reluctant to short this pair, so I hesitated and didn’t go short yesterday at 0.9380 when there were ample opportunities. It’s now at 0.9325, too far from a good entry level!

EURJPY will now be pushed in opposing directions by EU and UJ, so we should see sideways trading between 134 – 136 for some time.

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