|
Chart of the Day - 1/19/2010 – USD/JPY
 |
 |
Price action on USD/JPY, a daily chart of which is shown, has displayed marked bearishness for more than a week, since the top of a parallel downtrend channel was reached and respected in early January. In the course of this bearishness, price broke down below a key intra-channel uptrend support line extending from the late November lows. After that breakdown, price has continued to descend down to a key support region around the 90.50 area. Full Story |
|
Story Submitter
|
|
Story Stats
Submitted Jan 19, 2010 11:25am
Members who voted Fade for this story:
|
|
Your Vote?
 Useful |
 Fade |
| Cast your vote for this story! |
| Your vote helps fellow traders identify the most useful stories! |
|
|
|
