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Technical Analysis Daily: USD/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 28, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    In December Dollar/Yen consolidated after the sharp drop the earlier month, and the risk of another downward wave remains high. Last week the currency couple consolidated, realizing the practical implementation of the technical targets of making double tops. On the weekly chart USD/JPY closed the week virtually unchanged, forming convergence,...

    complete article here...

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