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Yen Enters Most Bullish (USDJPY Bearish) Period in Years

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 29, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    We have focused on the idea recently that “the entire rally from 104.97 to 108.59 could have completed a larger correction” but have also mentioned that “we have subjectively favored a larger rally because of various sentiment measures.” The drop below 105 proves us wrong and we will look to...

    complete article here...

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