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Chart Of The Day: USD/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Sep 4, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Trend channels on the USD/JPY pair (a daily chart of which is shown) are rarely as accurately formed as on other currency pairs. But USD/JPY channels can still do an adequate job of outlining price action and representing relevant support and resistance levels. As we can see on the accompanying...

    complete article here...

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