Article originally published on innerfx.com and republished here with permission
Good morning. Dollar is dropping across the board along with the Japanese yen. AUDJPY is now well over the 100 mark while the USDJPY is only 1 figure away from the psychological barrier of 100. Will it get there? yes, it is only a matter of time (a few days or less).
EUR recovered against the dollar since my previous post. It did, however, reached my target at 1.2750 from the selling zone of 1.2850. Now I’m looking to the other side: planning to buy it