FXWW Asia Open Briefing 30-08-2013
I still like USD/JPY higher; AUD/USD likely to trade between .8840/.9070 in coming days but remember that the election is only 8 days away and with Labor definitely going to be tossed out, this should lead to AUD short-covering; keep an eye on EUR/CHF as there were strong hints yesterday in the chat-room that the big players have started to buy again; prefer buy-dip strategy in EUR/USD and cable but the going will be very slow.