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Yen Technical Outlook

Friday, 26 September 2008 14:02:25 GMT

Written by Jamie Saettele, Senior Currency Strategist

The USDJPY range persists.  There is little confidence right now in directionality at this time. 

That feeling in itself warns of a breakout though.  A break above the resistance line that has contained price since the end of August would warrant a bullish breakout play.

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