Better US data moves EURUSD and USDJPY higher. Will it last

Written September 9, 2010 at 8:44 AM EST by  

The US had better trade and better Initial Claims. It should lead move outside the range, but will it? You need to watch the key technical levels for clues.

2 Responses to “Better US data moves EURUSD and USDJPY higher. Will it last”

  1. ABHINABA SAHOO on September 9th, 2010 9:02 am

    Hi Greg,

    I dont get the conclsion in this video. Will you explain me the same?
    What happen now in USD/JPY pair as per your view.

    Waiting for your reply.

    Regards,
    Abhinav

  2. Greg Michalowski on September 9th, 2010 10:10 am

    I want to see the support at the 100 bar MA to hold but the USDJPY has to get through the 84.02 level to break higher…. Greg

Add a comment