After seeing stronger data coming out of the US last week, and the government holding off tapering for now,
we saw the major currencies stronger, while the crosses were all hurting
Now I understand what happened to the crosses because they were in need - - technically -- of retracement
The JPY crosses are not going down yet, though, but I will be waiting for their retracement the coming weeks
USD/JPY is going up strongly at the moment, and EUR/JPY, GBP/JPY etc are following like puppies,
it is h…
Read full story
Translate to English Show original