Another strong week for Aussie dollar (Stronger than I’d expected!). We are back to the 1989 high again. Lovely. Well, are we looking at the high at 1984 around 0.97 soon? uhm..never underestimate currency market, nothing is impossible. Anyway, I will still day trade in Long position at the moment, but I will be a little bit stricter now. I am watching 0.8830-5 area.
Here is another pair that I am watching closely recently. EUR/JPY. I am going for Long position.