Sunday, June 9, 2013

USD/JPY Outlook June 10-14

USD/JPY showed some strong downward momentum as it fell about 300 points last week. The pair quickly dropped below the 100 line, and touched the 95 line before closing out the week at 97.53. Current Account and the BOJ Monetary Policy Statement are the major events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. The drop of
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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