Last week overview (9 Dec 2013 - 13 Dec 2013)
Open 103.02
Hi 103.92
Low 102.15
Close 103.22
According to technical analysis chart (Stochastic Osilator Weekly), Japan Yen a starting to gain value. The lowest was at 102.15. Will it gain value or will Dollar loose it value due to FED tapering process?. In my opinion : I rather stay SELL to USDJPY till hit 100.00 as last week recommendation.
Happy trading!!!