For those who’ve been following this trade idea, he has raised his stop-loss slightly after getting set at 75.90 overnight; his oco is now 75.39/77.80.
BOJ agents were reportedly buying USD/JPY overnight and Sovereign names bought AUD/USD in size near .9675, so they are the positives for this trade. On the negative side of the ledger, risk sentiment remains very bearish and this pair is in a strong downtrend.
