Sold @ 1.2012
EURUSD remains offered and therefore I sold the break of 1.2012 fibbo support level.
We saw a dead cat bounce yesterday and the small rally failing up at 1.2055-65 area suggesting that the top is in place for now.
Strong US data helped the dxy close above the 91.00 pivot level suggesting its all systems go until 92.00...
Long AUDJPY @ 83.23
Ive decided to go long AUDJPY as the Aussie has been better bid of late and there has been some nice consolidation around this level which will act as support for the trade (around 83.00 level) as well as fibbo support around this level too.
US dollar is very week at the moment and therefore AUDUSD should continue to grind...