1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Technical Analysis Daily: USD/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 5, 2010.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Dollar/Yen started descending on Monday, after the strong ascending movement last week. After reaching the 93.21 peak yesterday, the currency couple dropped down to 92.24, closing the day at 92.51. On the daily chart quotes are currently moving inside the secondary descending channel, indicating a strong bearish momentum. Signals are...

    complete article here...

Share This Page