Forex Trading News: Looking at the USDJPY

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December 1, 2008

Forex Trading News: Looking at the USDJPY Posted by Mr. Danish FX on Mon, 12/01/2008 - 12:51am in USDJPY The USDJPY opened the week as it finished off last week’s holiday shortened week. As major Asian equities are currently mixed, the pair is still trading very range bound with no major jumps in either direction. Some strong resistance was found Friday as the pair bounced off the 50.0% retracement level around 95.75. The pair is also currently still in the middle of the triangle indicate
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