Saturday, February 11, 2012

USD /JPY: A Steeper Declined Coming?

May 30, 2009 by · Leave a Comment 

After initially breaking the neck line of our Head and Shoulders formation, the USD/JPY decided to reverse course and move above the neck line. However this rally was short lived as worse than expected GDP numbers were released from the US. This news forced the pair back towards the neck…

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