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You are here: Home / Forex News / USD/JPY Testing Daily Sma Cluster Within Triangle Pattern

USD/JPY Testing Daily Sma Cluster Within Triangle Pattern

March 5, 2011 by Forex.ch Leave a Comment

USD/JPY saw a sharp reversal lower today after the pair rallied from a test of triangle support. The pair looked as though it would make a sustained break above the 21, 55, and 100-day simple moving averages, however the reversal following this morning’s U.S. employment report brought the pair back

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USD/JPY Testing Daily Sma Cluster Within Triangle Pattern
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