I think we can also get used to more of the same as these markets are going to stay choppy. The directional traders are going to get chopped but the skilled trader should have a ball.
Japan’s monetary base and Australian retail sales are the main economic releases this morning.
Corporate sell orders in USD/JPY around 84.40/50 but I’m hearing talk of some very juicy stops above 84.50 which might catch dealers interest this morning, especially when the markets are thinner than normal before Tokyo opens.
Good luck today.
