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Chart Of The Day: USD/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 6, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Bullish price action on USD/JPY (a daily chart of which is shown) has just broken cleanly out of a prolonged triangle consolidation near the double-tested 13-year lows. This triangle breakout has also gone on to break a key support/resistance level in the 91.00 region. With any continued bullish momentum above...

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