Trend of the Day - AUD/JPY

Yen weakness due to North Korean saber rattling continues to move Aussie Yen higher.

Yen weakness due to North Korean saber rattling continues to move Aussie Yen higher. Look for it to take out the May 11th high at 76.14 on its way to the 81.26 levels which was Sept 2008 support. There does not seem to be much in the way of this pair. Drop to a 4-hour chart to find better money management opportunities. Below May 26th 4-hour low of 73.77 would be the most likely place to place a stop.