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Author Topic: USDJPY: Signs Of Price Exhaustion On The Horizon  (Read 142 times)

pranjali

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USDJPY: Signs Of Price Exhaustion On The Horizon
« on: May 01, 2010, 05:04:32 am »
USDJPY: Signs Of Price Exhaustion On The Horizon
         

USDJPY preserves most of its recovery gains activated from the 84.80 level, its Nov'10 low but its weekly and daily price charts show some forms of price exhaustion as the week ended on Friday. The weekly chart (not shown here) shows the inability (ahead of key resistance) of the pair...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/usdjpy%3a-signs-of-price-exhaustion-on-the-horizon-20100501112147/
         
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