SCENARIO: YEN starts to rally. BOJ on a bond buying spree. VERY low inflation rate Interest rate? Doesn't matter until the 3rd quarter of 2019.
AUD getting choked with the trade war. Inflation creeps up Business confidence tanks! Interest rate? Nah, they will let that interest rate sit there at 1.5 forever.
AUDJPY peaked at 109 and its lowest was 0.55 and approaching the 38% mark.
AUDJPY SHORT! 0.73- 0.72
DISCLAIMER AUTHOR IS NOT A FULL TIME TRADER AND ONLY DO THIS FOR KICKS! THIS IS NOT A TRADING ADVISE
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