Price closed higher than trend resistance at 152.40. Now we look to see confirmation tomorrow and can declare a trend. Below 150.35 negates. With DXY stable and AUD/USD undecided this could be the trend that finally washes out the YEN carry trade and, as such, will get interesting.
Without jumping to conclusions, the top of the new (assumed) trend would be around 156.00. Expect intervention talk, at least, at this point and higher.
Markets always take the path of maximum pain.


