Chart of The Day: USD/JPY
Price action on USD/JPY, a daily chart of which is shown, has just formed a tight consolidation after having made a strong bearish run in late February. This occurs within the context of a continuing parallel downtrend channel that has been in place since the 2009 high in April. Having...
http://www.actionforex.com/technical-analysis/daily-forex-technicals/chart-of-the-day%3a-usd%10jpy-20100302107896/