Friday, December 27, 2013

USD/JPY to Rebound from 105.20/104.92

USD/JPY has just encountered the resistance at 105.20/104.92 and it is therefore set to decline in the near-term regardless of the bullish signals on the weekly and monthly charts. The closest significant support is at 104.12, but 103.74/56 is more probable to prove to be a turning point, since it



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