“There is a time to go long. There is a time to go short. And there is a time to go fishing.” – Jesse Livermore

Markets currently still unwilling to move; lots of indecision trading –Β possibly awaiting Trump’s speech at 10:00AM Singapore time.

Meanwhile, AUD is still on track to crumble – can see the cracks appearing in both AUD/USD and AUD/JPY.

No entry yet as my criteria has not been fulfilled.

It pays to sit back, be patient and wait for price to come to you.

Update:

AUD/JPY starting to head down.

Next support is 85.18.

If it is able to clear that level as well as 85 strongly, next downside target is 83.719 region.

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