Tuesday, December 18, 2012

Forex Analysis: USD/JPY Advance Stalls around Key Resistance

USD/JPY (daily chart) has stalled around the important 84.00 resistance level after having broken out above the flag pattern consolidation bordered by the 82.80 level last week. After breaking out above 81.75 in late November, price consolidated into the flag-like pattern with its lower border around 81.75 and its upper border around 82.80. The breakout
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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