Free Foreign Exchange Currency Trading Alert
I hope that you caught some of the large currency exchange moves over the last few days he recent pullbacks that we have seen in the USD/JPY are good times o buy.
The USD/JPY has a positive interest rate differential, so the rice is more likely than not to bounce back. Look at buy when the SI (set to 4) closes below 30.
The USD/JPY moved higher during Friday’s session after better than xpected US Trade Balance figures. The EUR/USD moved lower on the US rade Balance news. This pair closed at the 38.2% retracement after ropping 48 pips lower.