Another good night for the good guys!
All of my trades worked out nicely and this business can really deliver highs and lows, but hopefully not too much of the latter!
Like I’ve been saying for the last few days, this is the beginning of a downmove in the JPY crosses so we can expect AUD/USD to still be heavy on rallies and if you’re bullish on EUR/USD, you will still probably get some decent dips when EUR/JPY selling intensifies. The amounts going through the market were very large indeed and as we know with these big trends, the door is wide going in but can be very narrow when exiting.
It’s Friday, and it’s NFP day, so be extra careful out there.