Dollar/Yen Breaks Back into Ichimoku Cloud

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February 5, 2009 by admin

Thursday’s price action is extremely encouraging for our long trade with the market finally breaking the multi-day consolidation and surging to intraday highs by 92.25 before stalling out. The bullish day brings our double bottom outlook back into focus with the market now approaching key neckline resistance by 94.60. Another…