AUDJPY: Weekend Analysis

Monday, April 20, 2009

If you've been following along you'll notice that I keep mentioning that I am long term bullish on the AUDJPY.One of the reasons is that I think we've seen the worst of the panic and risk aversion. Another reason is that I think we're now closer to a recovery and following period of economic expansion than a lot of people expect.Given these two thoughts, and the following chart, it's easy to see

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