Since the Tokyo session is when news from Australia, New Zealand, and Japan comes out, this presents a good opportunity to trade news events.
Also, there could be more movement in yen pairs as a lot of yen is changing hands as Japanese companies are conducting business.
Take note that China is also an economic superpower, so whenever news comes out from China, it tends to create volatile moves.
With Australia and Japan relying heavily on Chinese demand, we could see greater movement in AUD and JPY pairs when Chinese data comes in.
Now let’s check out how you can trade the London session.
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