May 9, 2013 – USD/JPY (daily chart) has consolidated within a pennant pattern just under the 100.00-area highs. This pattern generally has a bullish breakout bias, especially as it occurs during the course of a strong and steep uptrend that has been in place for the past seven months. The pennant represents a correction and
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]
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