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Wednesday, October 6, 2010

FOREX TRADING - USDJPY October 6 ,2010 - Midday Report

Wednesday, October 6, 2010
FOREX TRADING - USDJPY October 6 ,2010 - Midday Report
USDJPY - usd/jpy
Japanese Yen (JPY)
Midday Report
JPY
The pair is trading to the downside since this morning ignoring the bullish momentum over four-hour basis, while the bearish channel’s resistance is at 83.30 and is still the ceiling for current trading. This, alongside the negative pressure coming from the 50 MA maintains

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