Small profit taking in Asia from top 101.30 to 100.90, support from crossrate with AUDJPY lead the market. But when Europe coming EUR get above 1.35 and EURJPY move up follow by GBPJPY, situation change, now JPY confusion and going up a little bit. Now crossrate JPY again secondary currency like AUD,NZD and CAD stay in low and crossrate JPY again major currency stay in high. Where JPY can be follow, I think they can follow secondary currency, my reason is rise in EURJPY limited beacause EUR cann't to strong after Wednesday drop. Second GBPJPY last day move with big range so power to up is limited
No comments:
Post a Comment