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Old 08-27-08, 07:42 AM
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Lightbulb Technical Analysis Daily: USD/JPY

The US Dollar descended significantly yesterday against the Japanese Yen from Tuesday's top 109.91 to today's bottom 108.70, which are the first resistance and support levels respectively for the currency couple today. If the negative trend continues as we expect for today, next support further down is expected at 108.05,...

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