Chart of the Day - USD/JPY |
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(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend line in green; downtrend lines in red; horizontal support/resistance lines in yellow; 50-period simple moving average in light blue.) 8/12/2008 – USD/JPY – With recent dollar-strengthening, price on the USD/JPY daily chart, as shown, has reached up to approach resistance at the uptrend line (in green) that has defined price action since mid-March. This line originally served as support
Filed under: Technical
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