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Technical Analysis Daily: USD/JPY

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

  1. ActionForex.com

    ActionForex.com Content Contributor

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    On Wednesday Dollar/Yen made a moderate decreasing momentum, reaching a bottom at 89.37, where the bearish impulse was limited, and the currency couple started rising, closing the day at 89.68. On the 3 hour chart the upward triangular formation provides a potential threat to the bearish outlook. However, it is...

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