Dislikedbeen planning this all night... couldnt mis it
e/g up, causing e/j up, and xxx/jpy up...then e/g continue to go up, e/j has not gone up much, so now it falls, taking g/j with it, along with g/u
if you look at price movement yesterday on e/g, you will see it's directly related, when g/u goes to max, and fall to lowest yesterdayIgnored
err move yesterday in eg was driven by gu falling faster then eu ... look at their charts side by side
hence i think if no suprises on eu rate cut we could see reversal tomorrow.....
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