Tag Archives: bearish formation
Usd/Jpy Technical Analysis for 5th January 2009
Posted on05. Jan, 2009 by admin.
0
A bearish formation on the daily chart is still intact; however the momentum is already quite low. The 4-hour chart is maintaining a slightly bearish indication yet with no distinct conclusion. Also, there is a bearish cross forming on the hourly chart, indicating that the bearish signal is in place. Traders are advised to hold [...]
