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Old 03-31-2010, 02:30 PM
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Default Trade Idea: USD/JPY - Buy at 92.15

As dollar retreated after intra-day rise to 93.60, suggesting near term consolidation would continue and below the Kijun-Sen (now at 92.79) would bring minor correction towards 92.16 (38.2% Fibonacci retracement of 89.83 to 93.60), however, renewed buying interest should emerge around there and dollar shall head north again later. Above...
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