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Chart Of The Day: USD/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Mar 18, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    USD/JPY, a daily chart of which is shown, has consolidated in the form of a sizeable flag pattern after confirming a bullish reversal last month. Currently, price resides around the top border of the flag. As flags are often considered continuation patterns, any subsequent breakout above the top border should...

    complete article here...

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