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ActionForex Reports - Trade Idea: USD/JPY - Buy at 91.70
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post Apr 13 2010, 12:17 AM
Post #1


Although intra-day fall to 92.57 suggests dollarís decline from 94.78 top may bring stronger retracement of recent rise to 91.84 (100% projection of 94.78 to 92.83 measuring from 93.79), near term oversold condition should limit downside to 91.67 (61.8% Fibonacci retracement of 89.75 to 94.78) and reckon support at 91.09...

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