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Chart Of The Day: USD/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 2, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    After the drastic drop that occurred during the month of January on the USD/JPY daily chart, as shown, price has consolidated in somewhat of a triangle consolidation formation, as of this writing. This triangle might also be seen as an inverted pennant pattern, and is bordered on the chart by...

    complete article here...

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