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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on February 09, 2010, 05:11:13 am

Title: Technical Analysis Daily: USD/JPY
Post by: pranjali on February 09, 2010, 05:11:13 am
Technical Analysis Daily: USD/JPY
         


Dollar/Yen is moving still within the well formed downward channel on the 1 hour chart. This week, the currency couple is trading hesitantly, testing the upper limit of the bearish channel at around 89.73. Persuasive break above that level may lead to direction change and strengthen the Dollar further towards...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/technical-analysis-daily%3a-usd%10jpy-20100209106356/