USD/JPY and AUD/USD Forecast September 8, 2020
from daily forex this is chris taking a look at the dollar yen and as you can see we continue to press the 50-day ema on labor day in the u.s so of course
Liquidity is an issue but i think at this point you know we kind of have to look at this as a potential descending triangle of swords um there seems to be like a void here between the 50 and the 200-day ema so
I'm not even thinking about buying i'm thinking about selling a couple shooting stars in a row and then this candlestick now just shows how difficult it is for this market to rally
Australian dollar looks like it wants to turn around i wouldn't read too much into the monday candlestick uh still looks bullish 72 71 70. all three of those area um are uh you know for
My money going to be very supportive i think all the way down to 68 there are plenty of reasons to be a buyer of dibs as we go to 74 and 75.