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$/Yen, Important Top - Looking to Short...

Discussion in 'Technical Analysis' started by ActionForex.com, Apr 22, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    No change in $/yen as trade from the Dec low at 87.15 is seen as a large, “irregular” correction, and with an eventual resumption of the longer term declines after. Currently, the market is down from the Apr 6th high at 101.40 (also a 38% retracement from the June 2007...

    complete article here...

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