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MDunleavy

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--The USD/JPY pair shot straight up during the week as the dollar found its footing against most currencies for the week.
--The 80 handle continues to be the epicenter of resistance for our money, and has still price down.
--The level won’t be considered broken out of it until we cross and close above the 80.50 level.
--This area is a clear top to the resistance area on the daily charts.
--Because of this, we are not ready to go along yet but believe that a break of the top of this week’s candle would be an excellent buy signal.
--As for selling, we are looking to do that now. [By FX Empire Analyst]

> > Click to learn more! < <
See also ↓↓↓
~~~>https://docs.google.com/open?id=0B9cvIxidsTjvdktmX0NlcnJWMHM
^^^ORvvv
~~~>http://img401.imageshack.us/img401/9310/12jun24.pdf
^^^ORvvv
A d d i t i o n a l l y ↑↑↑

 

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