Dollar Versus Loonie and Yen September 27th

FX Strategy Video > Currency Pairs Analysis

USD/CAD rose during the session, and even managed to crack above the 0.98 level. However, we are still concerned about going long until we can clear the 0.9950 level as it looks to be the top of this noisy resistance we have found. Because of this - we are watching....

The USD/JPY pair had a volatile day, and looks like it is currently being supported. Wonder who that could be? yes Bank of Japan - we are looking at you. Nonetheless, there is a trading opportunity in this pair at the moment.

Published on 26th of September 2012
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