Friday, January 24, 2014

USDJPY Breaks to a Fresh 2014 low, but Nears a Few Key Support Levels

After achieving the noted 105.40/45 triangle objective at the beginning of the year USDJPY bulls have been caught off-guard by the series of lower highs and lower lows (definition of a downtrend), however that is not to say we were surprised by this as the recent correction was precisely what



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