Yen Technical Outlook

Published September 3rd, 2008 - 07:03 GMT
Al Bawaba
Al Bawaba

It’s not pretty, but the USDJPY has made a series of lower highs and lower lows since the August top at 110.65. 



Favor the downside as long as price is below 110.28 (price ideally remains below 109.72).