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 Technical Analysis for JPY

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fxpulsation



Posts : 8759
Join date : 2012-01-25

PostSubject: Technical Analysis for JPY   Mon Mar 10, 2014 10:44 am



Technical Analysis for JPY

The USDJPY had a bullish momentum last week topped at 103.75 but corrected lower and hit 102.97 earlier today. The bias is bullish in nearest term retesting 103.75 or higher. Immediate support is seen around 102.50. A clear break below that area could lead price to neutral zone in nearest term testing 102.00 but overall I remain bullish.
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