Forex | Forex | Forex Analysis USD/JPY (31/08/2009 18:30:37)

Forex Analysis USD/JPY

Forex Technical Analysis The yen to dollar pair continued their stately progress lower last week, as they continue to slide lower in a series of lower highs and lower lows as shown on today's forex chart for the currency pair, with Friday's candle reinforcing this bearish tone once again with a weak candle and a deep upper shadow. To confirm this picture the high of the day met resistance from the 9 day moving average, failing to clear this technical indicator before falling back to close the


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