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Old 06-10-2008, 08:59 PM   #1

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USD/JPY Up Against Resistance

Looking at the daily USD/JPY we are right up against the down trendline and the 61.8% fibonacci level:

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Old 06-11-2008, 04:30 AM   #2

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Re: USD/JPY Up Against Resistance

Whilst wary at the 108.30 area, I wouldn't be short yet as IMO the trend atm is still up till further evidence suggests otherwise.
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