Tuesday, July 26, 2011

Forex Technical Update 9/28/2010 - USD/JPY's Slide Brings Intervention Speculation

Forex Technical Update 9/28/2010 USD/JPY is sliding towards the levels right before the intervention a couple of weeks ago. There should be some support ahead. The Euro continues higher against the Yen, Pound, and US Dollar. Gold rallies after a quick retracement. Finally AUD/USD extends towards swing target, and USD/CAD remains in sideways range. Fan Yang CMT

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