where is the aud heading to now, page-2

  1. 222 Posts.
    Yes, the drop was purely related to risk aversion. Good time to buy is when the USD/JPY have stabilized. I bought yesterday at 0.882 and topped up on the pullback at 0.8887. Unless we get another selloff soon, it should be a sweet ride till December as the next quarterlies can be a worry, with the dips providing opportunities to top up.
    If you can handle the increased volatility, check out AUD/JPY.

    Cool to see a FOREX forum here. First time I checked in.
 
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