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Chart Of The Day: EUR/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 13, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    After hitting a new 7-year low around 112.00 in late January, and then breaking out above a subsequent triangle consolidation, price action on EUR/JPY (a daily chart of which is shown) has formed a classic pullback move back to the triangle. After doing so, the pair then bounced cleanly up...

    complete article here...
     
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