1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

USD/JPY Avoids a Retest of September Lows

Discussion in 'Technical Analysis' started by ActionForex.com, Sep 23, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    In all, we maintain our negative outlook trend-wise on the USD/JPY. The currency pair should continue to perform poorly as long as the global economy improves. Since we have little reason to be bearish on the S&P futures over the near-term, it seems the USD/JPY’s downward trajectory is intact. Furthermore,...

    complete article here...

Share This Page