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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on March 13, 2011, 05:03:30 am

Title: Trade Idea Update: USD/JPY ? Sell at 82.85
Post by: pranjali on March 13, 2011, 05:03:30 am

Trade Idea Update: USD/JPY ? Sell at 82.85

<p>Dollar?s intra-day selloff in part due to cross-buying in Japanese yen on risk aversion adds credence to our view that a temporary top has been formed at 83.30 today and consolidation with downside bias remains for test of 81.95 support, below would extend weakness to 81.73, however, reckon last week?s<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/mwBCFcNHk_k" height="1" width="1"/>

Source: Trade Idea Update: USD/JPY ? Sell at 82.85 (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/mwBCFcNHk_k/)