Friday, April 17, 2009

AUDJPY: Now What?

Well, we didn't really do much at all yesterday after bouncing off of a support line a couple of times.

What does this mean?

This means that the AUDJPY currency pair isn't currently behaving in a way that makes it easy to interpret. This means that we need to be careful.

I have no idea what the market will do... except that it will either go up or down at some point.

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