Consider selling Consider selling AUDJPY..

Continue to be wary of stock and US-China conflict

Will the Nikkei Stock Average continue to fall in the Tokyo stock market on the 22nd? The fall of US stocks on the previous day due to the caution against the US-China conflict is a burden. It has risen by nearly 700 yen on the 4th consecutive growth until the 20th, and profit-taking sales are likely to continue.

(Source: Nikkei)

It is assumed that the stock price will bear downward pressure due to concerns about the US-China confrontation that was a concern and the weekend.

From here, considering AUD short that have a high correlation with the Chinese economy,

Consider selling AUDJPY.

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