Thursday, July 31, 2014

Daily Forex Update: USD/JPY

USD/JPY continues to rise after the recent breakout of the daily Triangle chart pattern. USD/JPY is expected to reach the target level 103.46 in the next 3 trading days. Autochartist set the stop-level for this forecast at 101.08 (point A). The breakout of this Triangle led to the latest breakout



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