Yen (USDJPY) Tests Resistance: Presents Short Opportunity

Yen (USDJPY) Tests Resistance: Presents Short Opportunity

Published by InformedTrades
04-17-2008

Yen (USDJPY) Tests Resistance: Presents Short Opportunity

Yen (USDJPY) Tests Resistance: Presents Short Opportunity

The USDJPY tested a resisting trendline this morning that dates to December 2007. The failure at the line presents a low risk USDJPY short opportunity.

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