Midday Missive

Oil…60.75 is the weekly ORL #

Yen crosses are getting into daily oversold territory.
AUD/JPY,GBP/JPY & EUR/JPY.

When i see something like this it smells of a short covering rally after London’s close in the Indices.

The bigger game will be this afternoon if a short covering rally can sustain.

I am not getting Long. Just waiting out the early show.

AUD/JPY…

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