Whats good guys,
Ok this one is for you…
Normally when you see USDJPY making moves, the other crosses tend to do the opposite…
The two pairs above are showing interesting behavior.
Both AUDJPY and NZDJPY are currently trading very far away from their peak formations…
The current holding of these zones is another example of moving the majors and holding the minors.
So major (usdjpy) minors AUDJPY NZDJPY, we are currently in a formation creation zone…Keep an eye on these zones as they are showing they are extended in terms of the weekly cycle plays and a new reset W may be on the cards…
Mad Love
T
