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Old 03-04-2010, 05:22 PM
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Default USD/JPY Nears Resistance

The previous post noted that the USD/JPY is declining towards 87.00, but was in consolidation. A bullish divergence also suggested a correction. If the market can reject the rally from advancing above 90.00 area. The swing to 87.00 can be immediate. However, if the market corrects further, it is likely...
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