Trading2ez

JPY could move UP!

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FX:JPYBASKET   FXCM Yen Index Basket
Hey tradomaniacs,

with the retest of the previous breakout we could see another impulse upwards as UR YIELDS are currently falling, which is basically good for JPY.

Interesting to watch would be AUD/JPY, NZD/JPY, EUR/JPY aswell as GBP/JPY since all these curencies against the major USD were very weak today as expected.

JPY-Strenght could cause JPY-PAIRS to "catch up" with the moves of the day.


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