AJ to .72?
2020-01-08 00:23:35
Wildfires wreaking havoc on AU, War drums in the East. JPY safety net factor will come into play soon. Cot has large JPY shifting longs but AUD has some longs shifting also. But not near as much as JPY (JPY 39% and AUD 53% are heavy bearish still). So, I’m expecting strength in JPY to continue overwhelming this pair and driving it lower.