| USD/JPY - Consolidates Intervention Gains Posted: 16 Sep 2010 08:44 AM PDT  Price action on USD/JPY (a 4-hour chart of which is shown) as of Thursday (9/16/2010) has tentatively stalled after the dramatic bullishness that occurred on Wednesday on the heels of yen intervention. Currently, a consolidation of yesterday's gains has occurred right around a confluence of two resistance factors. For more technical analysis on this currency pair, please click here for Thursday’s (9/16/2010) Chart of the Day.
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