Replies to post #102162 on Simple's Green Room

[pennies2007]

I'm actually kind of torn on pairs like AJ...all the yen crosses actually.

AU is set to decline which would normally take AJ down. But, the Yen is due to weaken on pairs like UJ which would take UJ up and conceivably take AJ back up with it. So basically AJ would be caught in a tug of war between a weakening Aussie dollar and a weakening Yen. Not sure what would happen to be honest. One or the other would win out or it could just stall and go sideways if the forces equalize. That's the main reason I was telling SG I wouldn't touch the yen pairs right now...too much possible confusion except for maybe UJ which I'm expecting to head north in a big way.