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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

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    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...

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