Shorting the Pacific Rim in 2011

Jason Rogers

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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
Top_Trade_Ideas_for_2011_body_usdjpy.png
Source: http://www.dailyfx.com/forex/techni...port/2010/12/15/Top_Trade_Ideas_for_2011.html
 
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