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Forex Trading: USDJPY treading along Resistance
Published by InformedTrades
06-24-2008



Default Forex Trading: USDJPY treading along Resistance
Forex Trading: USDJPY treading along Resistance

USDJPY is treading along the 200 day MA which incidentally is also trendline resistance on the daily. A break through this level could target 110 at 50$ Fibonacci retracement from earlier move. Look to 106.65 for immediate support.

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