Thursday, January 29, 2015

USDJPY Technical Analysis - Symmetrical Triangle

The USDJPY is trading in a defined uptrend since last summer. After a chain of higher highs, the Yen is forming a Symmetrical Triangle. This Technical Analysis pattern is a continuation pattern for the 80% of the time. A breakout of the triangle may bring the USDJPY to new highs towards 1.2400 area.


Share/Bookmark

0 commenti: