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Chart Of The Day: USD/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Oct 8, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    It is no secret that the yen has strengthened dramatically in the last few days, as shown on the accompanying USD/JPY daily chart. After retreating from a significant downtrend resistance line (marked "A"), price has dropped all the way back down slightly below the support offered by the long-term downtrend...

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