USDJPY: Triggers A Recovery
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USDJPY: Triggers A Recovery

New York City : NY : USA | Jun 11, 2012 at 12:58 AM PDT
Source: International Business Times
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Having paused its recent declines and triggered a recovery, further upside is likely. In such a case, the 80.51 level will be targeted with a cut through there targeting its April 04'2012 high at 81.85. Above here will create further upside scope towards the 82.53 level. FULL ARTICLE AT International Business Times
 
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    Its bullish weekly close the past week is consistent with this view. However, it will have to return above 79.78 level printed on Jun 07'2012 to resume its correction towards the 80.51 level with a cut through there targeting its April 04'2012 high...

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