FXTimes Forex Technical Update 6/4/2010
4th June 2010 by Comments OffForex Technical Update 6/4/2010: forex trading, EUR/JPY, GBP/JPY, AUD/JPY, CAD/JPY, USD/JPY, technical analysis Fan Yang CTA www.fxtimes.com It’s Friday, and as always I will take a look at the Japanese yen crosses. The yen has been losing in past couple of weeks, but this was correction to the trend of Yen-strength, which is boosted by risk aversion. This week ended with the yen taking back some of those losses. The question is whether this is a true sign of continuation, or just another move within it, chopping up traders attempting to jump on a trend.


