With price breaching yesterday's low, Pivot S1 is currently a strong support for USD/JPY at 80.45.
Japan going through not a good time with tsunami and earthquakes hitting them, will this be a strong factor? Japanese stocks suffered a bargain and here with FX, JPY is struggling to breathe even with BOJ cash injections.
We have reached middle of the week and the downward momentum seemed to slowed down or so it may seem. Go slow on the downs, might be a possible turn around coming up.
Japan going through not a good time with tsunami and earthquakes hitting them, will this be a strong factor? Japanese stocks suffered a bargain and here with FX, JPY is struggling to breathe even with BOJ cash injections.
We have reached middle of the week and the downward momentum seemed to slowed down or so it may seem. Go slow on the downs, might be a possible turn around coming up.
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