AUD,NZD/FXWW News/Trade Ideas

USD/INR opens 3% below yesterday’s highs

I’ve added to my AUD/JPY longs, my logic being that the market sold AUD/JPY very aggressively on the back of the EM panic so surely we should see AUD/JPY go higher now that a reversal has started?

I know I’ve said it many times before, but many people have gone broke trying to find logic in the FX market!

  1. Sean, agree that FX isn’t logical.
    I also am currently long AUDCHF and short EURAUD and both are deep in the money, so same like you, I also hope that AUD will continue to rise.
    Btw, thanks for the chat room, I can read the posts now 🙂

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