AUD/JPY - Selling Rallies

 | Aug 06, 2014 07:01


With yield differentials moving against the Dollar, the UJPY is signalled to benefit. AUD/USD is also attracting selling at it's 100 day average rate yesterday and has ended a sequence of higher daily lows. This signals AUDJPY lower, as investors here too have been selling rallies since July's 2014 top.