Very technical USDJPY
Well we got a number of big things last night: the Employment Situation for the US was out and then Oil reached nearly USD140 per barrel.
It is fascinating that currency pairs prove that they abide by technical studies so closely. The USDJPY almost hit the 38.2% retracement of the weekly high low and quickly retreated when Dollar [...]
Posted on June 7th, 2008 by Soh Tiong Hum
Filed under: Economic Indicator, Technical Picture | No Comments »
