Wednesday, June 24, 2009

USD/JPY Outlook

USD/JPY OUTLOOK - 95.10

Although dlr's o/n selloff to 94.88 after early strg rebound to 95.89 signals recent 'erratic' fall remains in force n as long as 95.51 (previous sup) holds, a re-test of said sup is likely, loss of momentum shud keep price abv 94.44 in Asia.

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