Hmm ok, decided to slam up this time instead of down on our close, usually about an hour or less later from Oz close. Seems to coincide with Shanghai closing time.
Gold hasn't gone down either. Broke down and held back up. Usdjpy down hard. Got to think something is up.
5am EDT or EST witching hour for me. I generally won't take trades going into this time. Missed a good short in the Pound earlier because of it. Watching Aussie right now for second upwave towards .7540.
Long Eur 1.1717. Long AUD .7567. Usdcad has had a good move up, wonder if it's done given the backdrop. Gold marching higher.
Aussie really hasn't broken through, though it's had plenty of time to do so. Gold has rallied, that should have been enough. Staying out of flatness for now. .7572 resistance right here.
Thinking more chop and countertrend action going into the holiday weekend. BTW I woke up this morning with the song Two Buffalo's in my head. Rolf Harris. There was a famous Dj in Hartford CT USA named Bob Steele and he used to play it once in awhile.