By Sean Hyman | May 13, 2009
Wow, the yen has mounted an assault on just about any currency it’s paired against today. USD/JPY looks to be completing a Head & Shoulders pattern on the daily chart. It also appears to have broken its daily uptrend line with the right shoulder…and heading below the 200 SMA too. So lots of bearish signs for USD/JPY and also most any other yen pair today.
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