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We may be experience a slight power shift among the currencies.
The yen pairs are all dropping back and starting to show some signs of weakness. The AUD is also looking like we might have a retracement. My interest is purely on the yen pairs, as i see a possibility for huge pips within a short time. The USD is also looking strong, this might be a reaction to the highly anticipated Yellen speech. Lets see what she has to say about future monetary policies.
I am going to be watching the market's reaction,
her speech could easily cause a trend change. Happy trading
The yen pairs are all dropping back and starting to show some signs of weakness. The AUD is also looking like we might have a retracement. My interest is purely on the yen pairs, as i see a possibility for huge pips within a short time. The USD is also looking strong, this might be a reaction to the highly anticipated Yellen speech. Lets see what she has to say about future monetary policies.
I am going to be watching the market's reaction,
her speech could easily cause a trend change. Happy trading
