The move will need a continued sell-off in bonds in coming sessions to maintain support and drive it through the Ichimoku cloud to higher levels.
Monday, November 2, 2009
forex update
Labels: FOREX UPDATE
USDJPY exploded through resistance as shown in the forex chart where the US employment report after inconclusive ranging over the last couple of weeks.
The move will need a continued sell-off in bonds in coming sessions to maintain support and drive it through the Ichimoku cloud to higher levels.
The move will need a continued sell-off in bonds in coming sessions to maintain support and drive it through the Ichimoku cloud to higher levels.
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