Chart Of The Day: EUR/JPY
June 26, 2009 by admin · Leave a Comment
EUR/JPY, a daily chart of which is shown, has been consolidating right underneath the key 135.00 support/resistance level for the last week and a half, while still respecting a parallel uptrend channel that has been in place since late April. On a longer-term basis, a strong uptrend actually extends all… Read more….
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… Read more….