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 USDJPY Daily Forecast: June 24

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john

john

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PostSubject: USDJPY Daily Forecast: June 24   USDJPY Daily Forecast: June 24 Icon_minitimeFri Jun 24, 2011 12:27 pm

USDJPY Forecast
The USDJPY
attempted to push higher yesterday, slipped above the trend line
resistance but we don’t see good momentum and direction so far and
price still struggling around the trend line resistance. Beside strong
support at 79.55, we have a minor support around 80.00 (red circle)
which has been touched four times since June 17

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