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Author Topic: USDJPY - Hesitates Ahead Its Channel Resistance  (Read 2621 times)
pranjali
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« on: March 16, 2010, 11:03:06 pm »
USDJPY - Hesitates Ahead Its Channel Resistance
         

USDJPY continues to hesitate ahead of its recent high at the 91.07 level printed on Mar 12'10 as it remains trapped within its long term falling channel in place since April'2009. Our broader bias points lower why USDJPY continues to trade within the mentioned channel with weakness expected towards its...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/usdjpy-%11-hesitates-ahead-its-channel-resistance-20100317109000/
         
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