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AUDJPY Dropping Towards New Lows

Discussion in 'Technical Analysis' started by Kaitlin, Jan 6, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    As I have stated many times in the articles and analysis the AUDJPY is heavily correlated with Chinese data. Bad Chinese data and equities drop. AJ drops too. It is called a positive correlation. Last night Caixin PMI printed out 50.2 vs 52.3 estimate. If you want to trade the[​IMG]

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