USD/JPY Steps Back From its 2nd Tier Trend Lines
June 26, 2009 by admin · Leave a Comment
The USD/JPY is backing away from our 2nd tier uptrend line again as the Dollar appreciates across the board in reaction to China’s repeated call for a new global monetary standard. In the mean time, the USD/JPY remains the beacon for investor indecisiveness. While bears are tempted to test the…
