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Gaps and gimcracks

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 13, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: Let’s take note of contradictions. First, the dollar turned around against the yen from levels that made no sense in the first place and were probably a function of runaway speculation. We have no reason for the dollar/yen to rise sharply except maybe some unsourced and so far unfounded stories that the government is going to “do something.” It’s always possible the BoJ whispered in a few ears, but if so, we never hear about it. For the reversal in dollar/yen to bleed over to all the

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