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Old 03-04-2010, 03:10 PM
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Default USD/JPY Mid-Day Outlook

USD/JPY's strong recovery and break of 88.63 minor resistance suggests that an intraday low is in place at 88.13 and turns bias neutral. Nevertheless, note that as long as 89.51 resistance holds, fall from 92.14 is still expected to continue. Below 88.13 will target 87.36 support next. Break there will...
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