Shorting the Pacific Rim in 2011

This is a discussion on Shorting the Pacific Rim in 2011 within the Technical Analysis forums, part of the Methods category; Jamie Saettele of DailyFX put together a report on shorting Pacific rim currencies in 2011. Below is one of the ...

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Old Jan 25, 2011, 5:15pm   #1
 
Jason Rogers's Avatar
Joined Jun 2009
Shorting the Pacific Rim in 2011

Jamie Saettele of DailyFX put together a report on shorting Pacific rim currencies in 2011. Below is one of the more interesting charts I found in his chart suggesting USD/JPY still has further to drop. Anyone else thinking the same thing?

US Dollar / Japanese Yen Monthly Bars
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Source: http://www.dailyfx.com/forex/technic..._for_2011.html
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