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Yen Enters Most Bullish (USDJPY Bearish) Period in Years

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#1 (permalink)

02-29-08, 01:24 PM

ActionForex.com ActionForex.com is offline

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Yen Enters Most Bullish (USDJPY Bearish) Period in Years

We have focused on the idea recently that “the entire rally from 104.97 to 108.59 could have completed a larger correction” but have also mentioned that “we have subjectively favored a larger rally because of various sentiment measures.” The drop below 105 proves us wrong and we will look to...

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