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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on March 12, 2011, 05:28:30 am

Title: Trade Idea Wrap-up: USD/JPY ? Sell at 82.85
Post by: pranjali on March 12, 2011, 05:28:30 am

Trade Idea Wrap-up: USD/JPY ? Sell at 82.85

<p>Dollar?s intra-day selloff from 83.30 to 82.00 in part due to cross-buying in Japanese yen on risk aversion adds credence to our view that a temporary top has been formed there today and consolidation with downside bias remains for test of 81.95 support, below would extend weakness to 81.73, however,<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/40vslDIJazc" height="1" width="1"/>

Source: Trade Idea Wrap-up: USD/JPY ? Sell at 82.85 (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/40vslDIJazc/)