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The yen is losing strength vs. AUD, NZD and GBP!
By Sean Hyman | May 14, 2009
USD/JPY has a daily head & shoulders pattern that broke below a neck line yesterday (extremely bearish pattern). So the dollar is getting clobbered by the yen. However, AUD/JPY, NZD/JPY and GBP/JPY are doing pretty good this morning after taking a bloodbath yesterday. These yen crosses have been very volatile lately…so lots of opportunity for the shorter term trader. Go where the movement is! Get a free practice account here: http://www.fxedu.com/practice-forex-account
Tags: account, AUD, dollar, forex, free, fx, fxedu, gbp, jpy, lot, movement, nzd, practice, practice account, Sean Hyman, trade, trader, USD, Yen
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