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Technical Analysis Daily: USD/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Apr 2, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Dollar/Yen was unable to continue the upward momentum on Wednesday. The currency couple attempted to rise, reaching a peak at 99.44, before it crashed back down to 98.22, closing at 98.49. On the 1 hour chart there is a triangle formation, indicating consolidation phase after the significant ascending momentum. Signals...

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