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Technical Analysis Daily: USD/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Aug 1, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    The US Dollar descended significantly yesterday against the Japanese Yen from Thursday's top 108.35 to the bottom 108.33, which are the first resistance and support levels respectively for the currency couple today. If the negative trend continues, next support further down is expected at 106.75, the break of which would...

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