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Old 03-03-2010, 01:50 PM
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Default USD/JPY Mid-Day Outlook

With 89.47 minor resistance intact, intraday bias in USD/JPY remains on the downside and further decline is still expected towards 87.36 support. Break there will confirm that whole rebound form 84.81 is finished at 93.74. Also, in such case, the larger down trend is likely resuming for a new low...
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