| AUD/JPY - Bullish Triangle Break Posted: 15 Sep 2010 11:56 AM PDT  Price action on AUD/JPY (a daily chart of which is shown) as of Wednesday (9/15/2010) has broken out strongly above a large, well-formed triangle pattern that has characterized this pair's consolidation since late May. This breakout reflects somewhat the strength of the Australian dollar, but much more so the reaction to yen intervention on Wednesday. For more technical analysis on this currency pair, please click here for Wednesday’s (9/15/2010) Chart of the Day.
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