USD/JPY analysis of the week (4h candlesticks)

By IBTimes Staff Reporter | January 13 2010 5:32 AM

The aprity got out of its bullish channel and a sell signal has been given. Then, 91.12 has been reaced and even broken. Currenlty, the parity is making a correction. However, we will advise to trade only short positions as far as 91.83 is resistance. A new break out of 91.12 will give a new sell signal.

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