Possible long on EUR/JPY and AUD/JPY as the carry trades look to be kicking with the Dow Jones gained 0.87% today and with the recent cuts in interest rates, the Dow will possibly head up a lot higher within the next few days and weeks. Canadian and New Zealand pairs are exhibiting the most strength at the moment gaining on every pair they are against.

Long positions of CAD/JPY (opened on Sunday night) and NZD/USD (opened Monday night) are both still open with 220 pips and 120 pips gained respectively.

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