AUD/JPY: Bearish Signal From Flows - BofAML
Bank of America Merrill Lynch FX Strategy Research points to a bearish AUD/JPY signal from its proprietary flows analysis. "Real money has been selling AUD/JPY at an accelerating pace in the last four weeks, according to our proprietary flows. The AUD/JPY position is slightly long. These flows point to downside risks for AUD/JPY in the short term," BofAML argues.
- Posted: Nov 6, 2017 11:07pm
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