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Technical Analysis Daily: USD/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 4, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Yen continued its gradual appreciation against the US Dollar. It is accompanied with great uncertainty and indecision, which is evident from the large candles downwards. The price slips on the SMA, not being able to overcome it for fifth consecutive day, which is a typical technical skill to maintain direction....

    complete article here...

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