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Chart Of The Day: USD/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Oct 1, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Price action on USD/JPY, a daily chart of which is shown, continues in its bearishness despite having earlier in the week bounced up off a new 8-month low around 88.20 with a clear hammer candle. This hammer candle descended all the way down to the bottom border of a rough...

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