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Technical Analysis Daily: USD/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 6, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The US Dollar remained strong against the Japanese Yen for four consecutive day. But yesterday the difference between open and close price was only 10 pips. First resistance today is the same at 107.75, followed by the 38% Fibonacci correction of the drop 114.60 - 105.00 at 109.60, and 108.70....

    complete article here...

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