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Sunday, October 3, 2010

Forex Trading - USD/JPY weekly outlook: October 4-8

Sunday, October 3, 2010
Forex Trading - USD/JPY  weekly outlook October 4-8 A rate decision is the highlight of a busy week in Japan. Here’s an outlook for Japanese events, and an updated technical analysis for USD/JPY. Will we see another intervention?
USD/JPY daily chart with support and resistance lines marked. Click to enlarge:

It took some time, but the results of the big intervention in the yen have been eroded

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