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Japanese Yen Quietly Stronger
By Jamie Saettele, CMT, Sr. Technical StrategistAscending triangles are typically bullish continuation
patterns. This upper flat line of the pattern serves as immediate
resistance and a break above is required to rid the technical picture of the
present confusion. A break below the lower trendline that began on 3/20
intersects at around 117.50 and must hold to keep a bullish
bias.
- Oct, 17 00:12 GMT Euro Near Major Top Against US Dollar, but Timing Anything but Clear
- Oct, 17 00:01 GMT British Pound Looks to 3Q GDP to Keep the Bullish Momentum
- Oct, 17 00:01 GMT Japanese Yen Relinquishes its Top Safe Haven Status to the Dollar
- Oct, 16 23:40 GMT US Dollar May Be Setting Stage for Advance
- Oct, 16 23:39 GMT Canadian Dollar May Come Under Pressure Ahead of BOC Decision
- Apr, 14 10:29 GMT Japanese Yen Standing Still
- Apr, 13 10:26 GMT Japanese Yen Looking Weaker
- Apr, 12 08:00 GMT Japanese Yen A Tad Weaker
- Apr, 11 09:01 GMT Japanese Yen Quietly Weakens
- Apr, 10 08:38 GMT Japanese Yen Still Tight

