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Friday, February 17, 2012

USD/JPY 17.02.2012


/ On : 9:34 AM
The USD / JPY continues its rally to above a bullish slant (purple line) and the breaking of78.50 and 79 once again gave us a buy signal.
All indicators are bullish.
We continue to advise long positions as the support is 78.50.
Break 79 will give a new buy signal and open the way to 79.50
In case of return to 78.50we will be neutral between this level and 78.14.
Rupture of 78.14 would give a sell signal.


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