Is USD/JPY’s Rally Over?
Posted on February 20, 2011 at 21:15 PM EST
After hitting a low of 81.08 last February 4, the USDJPY pair has rallied back to mark a high of 83.97 2 days after Valentine’s day. It appears, however, that US dollar’s push against the Japanese yen is starting to lose some momentum. As you can see from its 4-hour chart above, the pair has [...] Related posts: US Dollar Seen to Rally Against the Japanese Yen So after being routed by Japanese yen for the last... US Dollar About to Weaken Again Good day Forex peeps! Here’s a technical update on the... Reverse Head and Shoulders in the USD/JPY – April 23, 2010 The USD/JPY seems to be forming a reverse head and... Related posts brought to you by Yet Another Related Posts Plugin .