AUD,NZD/JPY crosses

Apple shares lower, could affect risk sentiment during Asian trade

The lower than expected revenue forecast has sent Apple shares almost 5% lower in after hours trade. This might also have an impact on tech-heavy Asian stocks which in turn will undermine risk sentiment.

The obvious trade is therefore to sell AUD/JPY but I cannot see any decent entry levels near current prices so best we wait a while and see how markets develop.

Leave a Reply

Your email address will not be published. Required fields are marked *