JPY vs. USD

Discussion in 'Forex' started by syswizard, Dec 31, 2013.

  1. Dennis Gartman keeps pounding the table for a continued weaker Yen. However, I look at the chart for JPY/USD and the yen looks hugely oversold. I remember that not so long ago when it was trading 98-99.

    Best to wait for a bounce, or pounce on the short side right now ?