A daily break of this trendline,might turn it into resistance (support turned resistance), signaling further down.
Tuesday, September 25, 2012
USDJPY Channel & Support
Since July USDJPY is trading in descending channel and has bounced once from major trendline support. Currently, its trading near lower boundary of descending channel and near to major trendline support.
A daily break of this trendline,might turn it into resistance (support turned resistance), signaling further down.
A daily break of this trendline,might turn it into resistance (support turned resistance), signaling further down.
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ReplyDeleteinteresting blog. It would be great if you can provide more details about it. Thanks you
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