AUDJPY: Don't Cross The Streams!

Thursday, April 16, 2009

It looks like we are going to test the containment of the possible AUDJPY consolidation zone I mentioned previously.Frankly, I had expected the market to hold up better to the news concerning jobs and housing, but then, if I could accurately predict what would happen I wouldn't be speculating would I?In any case, if we get an upward bounce around 70.75 - 70.85 then we are still in what I consider