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Friday, February 10, 2012

USD/JPY 10.02.2012


/ On : 10:42 AM
The USD / JPY continued its bullish rally and 77.26 break gave us a new buy signal.
Currently the pair is testing resistance at 77.65 next.
All indicators are bullish.
We continue to advise long positions as the support is 77.20.
Rupture of 77.65 give a new buy signal and open the way to 78.13.
In case of return to 77.20we will be neutral between this level and 76.96.
Rupture of 76.96 would give a sell signal.


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