Disliked115 seems high mate.
If UJ reaches 115, how much you expect GJ to reach? 231 ?Ignored
UJ could reach 115.00.. it seems high, but possible during Asian session. The USD sell off last night was largely due to that Saudi Arabia rumor of breaking the currency peg with the dollar.. which was refuted today. Then there are rumors of an ECB rate cut .. again, just rumors..
Overall the situation is very very bearish.. I would look at any rally in UJ or GJ as a change to get into shorts. I doubt anyone is willing to rush in a carry trade now lol. Even Bernanke was trying to stop the dollar's fall by saying 'inflation is still a concern' yeah sure bernie.. after promising to cut rates some more. These guys talk BS all the time