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Technical Analysis Daily: USD/JPY

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

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Dollar/Yen lost their bullish momentum on Thursday, and declined, reaching a bottom at 89.36, and closing the day at 89.59. On the 3 hour chart the upper limit of the downward channel limited the bullish movement, forming new downward triangle. Overall, the main trend is expected to remain downward. However,...

    complete article here...

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