USD/JPY And The Coiling Averages


Forex Daily Analysis 17th June 2014

USD/JPY hasn't gone anywhere this year and remains locked in some very tight consolidation. But the longer things remain this way, the closer we are to a major breakout. 

Whenever you get moving averages coiling, look out for volatility. @jkonfx

Side by Side

When you look at these two charts, the look completely correlated and yet, th...

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