Dollar Versus Yen and Loonie March 20th

FX Strategy Video > Currency Pairs Analysis

USD/JPY fell for most of the day on Monday, but formed a hammer off of the 83 handle. Because of this, it looks like we are going to head towards the 85 handle is relatively short order.

The USD/CAD fell on Monday as the oil markets rose. However, there are several support levels just below, and this makes this a short- but only for the very patient. For our money, there are easier trades, such as the other one in this video!

Published on 19th of March 2012
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