USD/JPY fell on Thursday as the Dollar got sold off in general. The pair has immense downward pressure on it going back a few years now, and this is why we only sell this pair. In fact, if you look at the 78 level, you can clearly see that the market is struggling to overtake that level for anything more than a brief moment. With this in mind, we are selling currently.
USD/JPY Forecast December 16, 2011, Technical Analysis
Originally posted here
