Dollar Versus Yen and Euro April 17th

FX Strategy Video > Currency Pairs Analysis

USD/JPY continued to fall on Monday as the Dollar got sold off against most currencies around the world. The pair is coming upon massive support though, and as a result we are very interested in the 80 level in this market. With this in mind, we are looking at several factors at one time.

The EUR/USD pair shot straight up during the session as the 1.30 level held as support yet again. With this being said - selling is still the way to go in this pair.

Published on 16th of April 2012
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