Usd/Jpy Technical Analysis for 8th April 2009
Posted on 08. Apr, 2009 by admin in Technical Analysis, Usd/Jpy, Usd/Jpy Technical Analysis
The daily chart shows that the pair is currently range-trading within a restricted price range. However, as the RSI on the daily chart has dropped beneath the 70 line, it appears that bearish momentum might be arising. Going short with tight stops could be the right choice today.
