Time to think/rethink.
Did you know that with the recent USD rally, some currency pairs had reached record highs?
Im talking about USDJPY. This pair is now 119ish. USDJPY has not reached this level since January 2006... Sure is RIPE for a south move.
But what do you all trully think of the revision? I personally think that with the revision, USD should drop! Like some people have said, if the previous month is 188K and now is 50K, that is totally USD bear! I wonder how Asia would react monday?
Did you know that with the recent USD rally, some currency pairs had reached record highs?
Im talking about USDJPY. This pair is now 119ish. USDJPY has not reached this level since January 2006... Sure is RIPE for a south move.
But what do you all trully think of the revision? I personally think that with the revision, USD should drop! Like some people have said, if the previous month is 188K and now is 50K, that is totally USD bear! I wonder how Asia would react monday?