Take a look at the daily AUD/JPY chart. Until yesterday, it had gained 10 straight days.
Today it rallied to a 10 month high but is now down on the day, flashing a potential reversal on the chart.
AUDJPY daily
I’m more of a person to buy a dip in an impressive trend like this but I wouldn’t argue too loudly if someone wanted to sell.
Stocks are rolling over led by the Nasdaq, which is down 2.3%.
