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| | |-+  FXCBS Market Expectations; USD/JPY
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Author Topic: FXCBS Market Expectations; USD/JPY  (Read 830 times)
pranjali
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« on: January 25, 2010, 04:01:21 am »

The dollar against the yen is still trading in a bearish channel, and we expect the downward will continue this day for a couple to the target levels of 88,350 initially and then 87,000, these expectations require stability of the daily closing below 92,000.

Support and Resistance

Pair              R1             R2          R3           P             S1          S2            S3
USD/JPY    90.050    90.280    90.640    90.060    89.620    89.400    89.040
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