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Author Topic: Chart of The Day: EUR/JPY  (Read 2836 times)
pranjali
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« on: March 31, 2010, 11:05:41 am »
Chart of The Day: EUR/JPY
         

Price action on EUR/JPY, a daily chart of which is shown, has made a tentative breakout above the horizontal neckline of a well-formed inverted head-and-shoulders formation (a bullish reversal pattern). This neckline resides in the important 125.00 price region. The key initial upside target on this neckline breakout resides in...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/chart-of-the-day%3a-eur%10jpy-20100331110104/
         
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