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Thursday, October 14, 2010

Recommendation USDJPY October 14 ,2010 - Morning Report

Thursday, October 14, 2010
FOREX TRADING - USDJPY October 14 ,2010 - Morning Report
Recommendation USDJPYTechnical USD/JPYUSD/jpy - USD JPY Japanese Yen (JPY)
Morning Report

JPY

The pair was able to build a resistance level at 81.95 from where it reversed lower according to yesterday’s suggested scenario. Overall, we expect a bearish intraday direction ideally trading within the main descending channel; the target is

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