Usd/Jpy Technical Analysis for 19th November 2008
Posted on 19. Nov, 2008 by admin in Technical Analysis, Usd/Jpy, Usd/Jpy Technical Analysis
There is a very distinct bullish channel forming on the daily chart, as the pair is now floating in the middle of it. To strengthen this notion, the Bollinger Bands on the 4 hour chart are tightening, suggesting that traders should expect a violent breach.
