July 8, 2009The 95 price level for USD/JPY has served as very strong support over the past few months and now that the currency pair is trading well below that price level, it appears that the floor is caving in.
The following chart illustrates the significance of the breakdown. USD/JPY is trading in sell zone, [...]
Posted in 2009 japanese yen, 2009 japanese yen forecast, Forex Technicals, Japanese Yen, forex blog 
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