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Friday, February 17, 2012

CAD/JPY 17.02.2012


/ On : 10:12 AM
After a pullback on 84.50, a strong upward movement took place yesterday on parity CHF/ JPY is testing resistance at 86.
All indicators are bullish.
Parity continues to evolve on a bullish slant (black line).
We continue to advise long positions of 85 is supported.
Break 86 will give a new buy signal and open the way to 86.50
In case of return below 85we will be neutral between this level and 84.50


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