The Yen has broken above the declining trendline (drawn off mid-March, mid-April and early May highs) on Tuesday and above recent mini range (118.50 - 120.50) yesterday when it finished the fifth day of gains.

Next target is six-month range top just above 122.00. Breaking above that would open the door towards the June 2007 high at 124.1. The BOJ concludes its two day meeting tomorrow and no change is expected. The pair will need support from the US economy and the Nikkei, if it wants to continue higher.

ترجمه به انگلیسی نمایش اصل

از زمانی که شما وارد سیستم نشدید،ما زبان انتخابی شما را نمی دانیم، انگلیسی
لطفا، به سیستم وارد شوید و زبان دیگری را برای ترجمه در لیست انتخاب کنید

– یا –