Mon, 13 Apr 2015 13:07:04 GMT
USD/JPY 4H Chart: Triangle
On April 7, the American Dollar succeeded in confirming the triangle pattern to the upside and crossed many important resistance levels. They included the 200-period SMA and the monthly pivot point at 120.15. Currently, the pair continues developing to the upside and shows no major signs of willingness to return back below the round level of 120. Moreover, as many