One of the pairs that could provide an opportunity is the AUDJPY , which has been always a good meter of risk around the financial markets. Plotting the AUS200 index on the same chart clearly outlines the positive correlation between both. The correlation was distorted slightly with the start of this year, in January, however the gap is starting to diminish again.
I put both indices just to illustrate the correlation between positive sentiment and the AUDJPY , and in our case sentiment is far from positive, and thus we might see a breakdown in both. That may provide a nice AUDJPY Short trading opportunity.
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