Thursday, December 04, 2008
Staying
bearish the USDJPY has proved a wise decision although the decline over
the last month has been choppy. As long as price remains below 96
(below the resistance line from early October), bearish potential is
significant (below 80).Another reason to stay bearish is that
the USDJPY is not ‘acting’ as it has at recent bottoms. Turns usually
occur with a price spike (notice indicator... [read more]
posted by forexgentrade,
in ForexGen Services, Partnership, USDJPY
@ 5:37 AM,
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