This week has been very calm, I get the feeling that it is the kind of calm just before the storm, seems like as if something was cooking for the Jackson Hole Symposium, what do you think?
Anyway, the AUDJPY is one of the currency pairs that I’m currently monitoring, it is pretty close to the resistance level:
I’m being careful about the JPY crosses lately, because of a possible BOJ intervention, but in this case, if the BOJ intervenes, it will be in the direction of my “possible” trade.
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Tags: AUDJPY Analysis