We entering a Short AUD/JPY in anticpation of fresh risk aversion from the Eurozone from both Cyprus and Italian Political issues. The AUD/JPY and AUD/USD run up has been steady and backed up by strong fundamental data both locally and in China.
BOJ could create some USD/JPY buying surprises but these are priced in at the moment and EUR/JPY should overwhelm.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.