Lucas: Why I’m buying AUDJPY

Is now the time to buy AUDJPY? 3C Analysis’ Steve Lucas thinks so. Technically, Tuesday’s rally was the most bullish in nine months and it ended a long sequence of lower weekly highs which is positive. Rising interest rates in the States are also good news for the US dollar, which supports USDJPY. After its meeting earlier in the week, the Reserve Bank of Australia left out any mention for the desire of a weaker exchange rate, which was Aussie dollar call this Wednesday is to buy at ma