Usd/Jpy Technical Analysis for 25th November 2008

Posted on 25. Nov, 2008 by admin in Technical Analysis, Usd/Jpy, Usd/Jpy Technical Analysis

Lately, this pair has been going through a relatively choppy trading session and seems to be unable to pick up a sustained trend. The daily chart’s Bollinger Bands are widened and its RSI flows in a neutral territory. Forex traders are advised to wait for a clearer signal before entering the market n this pair.

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