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Wednesday, August 25, 2010

Forex Technical Analysis | Technical USDJPY August 25, 2010

Wednesday, August 25, 2010
Forex Technical Analysis | Technical USDJPY August 25, 2010

Japanese Yen (JPY)

Morning ReportThe pair achieved a bearish trend reaching 84.00 but is finding strong resistance that will continue pushing the pair to the upside shown in the image above. The stochastic neared overbought areas and therefore we might witness some fluctuation and lead towards to the upside to retest the breached

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