JJG…Aussie

Resistance in the JJG is now 43.60-43.75..

This is significant for two reasons, the potential double top on the monthly from last month,

and the current overbought daily condition. Investors who are long the JJG should take off the bulk

of their position at the market. We’ll await further price action above this level to see if there is another

10% in this trade.


Aussie…Investors that still have remaining Aussie should use an OCO ( one cancels the other sell order)

sell the remaining Aussie at 94.30 or 93.20 stop.


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