This pair doesn't make sense to me any more. In theory it should be trading a lot higher (around 95) but for some strange reason (as the markets tend do) it keeps going the opposite way from where it should be going.
Such a strong JPY will kill the export sector in Japan. It can not be maintained at this levels.
I might cut my loss and move on. But I am sure when I do the market will flip over.
Any ideas on this pair.
Regards
Nectarios
Such a strong JPY will kill the export sector in Japan. It can not be maintained at this levels.
I might cut my loss and move on. But I am sure when I do the market will flip over.
Any ideas on this pair.
Regards
Nectarios