Friday, July 30, 2010

Chart Of The Day: EUR/JPY

June 18, 2009 by admin · Leave a Comment 

Price action on EUR/JPY, a daily chart of which is shown, has just bounced up off the bottom support trendline of a parallel uptrend channel extending from late April. This represents the third support touch within this channel, with two resistance touches on the top thus far. The current bounce…

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