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Author Topic: USD/JPY Weekly Outlook  (Read 3930 times)
Hemant
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« on: March 05, 2011, 05:09:50 pm »
USD/JPY Weekly Outlook

USD/JPY's fall was contained at 81.57 last week and rebounded. The development suggests that sideway consolidation from 80.29 is still in progress and we'd expect more choppy range trading ahead. Nevertheless, upside of any further rebound should be limited by 83.96 resistance. Meanwhile, break of 80.93 support will be the<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/S2w4PDq3b6M" height="1" width="1"/>

Source: USD/JPY Weekly Outlook
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