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USDJPY remains in downtrend from 84.17

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by , 04-08-2012 at 10:11 PM (397 Views)
USDJPY remains in downtrend from 84.17 and the fall extends to as low as 81.19. Further decline would likely be seen in a couple of days, and next target would be at the lower line of the price channel on 4-hour chart. Resistance is at the upper line of the channel, only a clear break above the channel could signal completion of the uptrend.



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