DislikedAnother interesting tidbit with this pair. It correlates at 81% with the Nikkei225 which was up about 0.7% in the past two days yet the dollar hasn't followed suit. Possible Nikkei correction back too 14000, possible correction in the SP500 after making an all time high, Treasury yields below 2.5%, all UJ negative and I think the smart money is a bit leery of buying UJ anywhere near 102. IMO, we need to visit 101.25 area before any significant move up. Good luck tradersIgnored
Lets see how Nikkei opens. Most likely red!