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USD/JPY Slides Toward 95

Discussion in 'Technical Analysis' started by ActionForex.com, Aug 11, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The USD/JPY's pullback has picked up traction, dropping below 2nd tier uptrend and 3rd tier downtrend lines. Continued strength in the Yen comes after stronger than expected economic data from Japan to kick off the week. Meanwhile, the S&P futures are logging considerable declines today, giving investors more incentive to...

    complete article here...

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