Trading in a Mine Field – Don’t Freeze, Think Risk Off !
The headlines all say it.
Skeptical of EUR. Yet EUR/USD rose to highs intraday. USD/JPY broke 80.00 like many wouldn’t believe and AUD/SGD tried for 1.07 even after a crisis of confidence in the government with Rudd’s resignation.
If you ask me, SEIZE THE DAY.
Sell into strength because the honeymoon is over.
More to come later…..