USD/JPY – Flag Pattern Breakout

January 9, 2013 by  
Filed under FX News

Double Top: The 1/8 USD/JPY update saw bearish action after a double top breakdown. The noted 86.75 support held, with price rebounding at 86.81 after tagging the 200-hour simple moving average. The double top did break below a rising trendline that goes back to mid-late December and established nascent bearish

Technical Analysis

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