Chart of the week:

Our first installment of chart of the week is dramatic to say the least.

You do not have to be a expert to see that there was a dramatic move on the USD/JPY (amongother pairs) today on the Non Farm Payroll announcement. 

Positive USD economic news has completely reversed the downward trend of the USD/JPY and experts are now looking at the YEN to test the 100yen barrier that has been tested multiple times since it last cracked that level in April 2009.

 

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