Forex Trading : USDJPY approaches resistance
Posted by Greg Michalowski on Fri, 07/25/2008 - 1:02pm in
The USDJPY is moving to the highs from yesterday at the 107.97 level as stocks advance and oil continues to come down The Yen crosses are also well supported today. The USDJPY and the Yen crosses have had a persistent bid in the market today. The EURJPY is moving toward highs established on July 23rd at 169.95. This is the highest level since September 1992.
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