T2108 Update – From The Edge Of A Breakout To The Ledge Of A Breakdown
September 19, 2015 at 11:30 AM EDT
As it turned out, AUD/JPY eventually weakened a bit. Still, the Australian dollar versus Japanese yen pair did not turn downward as much as I would have expected given the S&P 500 (SPY) lost a full 1.6% by the end of the day.