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Monday, October 11, 2010

Forex Trading USDJPY - Weekly Outlook – October 11-15 2010

Monday, October 11, 2010
Forex Trading USDJPY - Weekly Outlook – October 11-15 2010 Japanese Yen (JPY)
Weekly Report 11 - 15 / October / 2010
jpy11
The pair’s numerous attempts to stabilize above 83.85 have failed and thereby thrusting it to retest low levels. The descending channel organizes the pair’s trading flawlessly, while the MA formations and ADX are bearish proving the ongoing effect of oversold signs

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