Monday, February 25, 2008
With the late rally today, it seems that the appetite for risk continues to improve. This is good for several of the trends in the forex including a general bias towards a weak USD. However, all pairs are not created equal and I still see a lot of risk coiled up in the JPY. That leaves traders trying to take advantage of JPY crosses exposed to a disproportionate amount of risk.
In today's video I will take a look at a couple of the JPY crosses compared to some of the better trends. We will also review profit targets on the EUR/USD and NZD/USD.
To see today's video, click here: http://www.pfxglobal.com/index.php/P...near-term.html
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Analysis by Profiting With Forex (PFX)
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