- Negative data for AU today starting out the week with Building Approvals coming in around -8.1%
- RBA statement tomorrow, expected to stay the same at the moment, overall tone last month was still tilted bearish with the trade wars going on
- Very bearish last week, expecting followthrough into this week
- Next major level of support is...
USDJPY Swing Longs based off current Daily structure. We have had two rejections of the major resistance of 114.000 levels. A break of this key level would put further upside in stone, a third rejection could signal a major reversal for UJ.