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USDJPY Trading Down Below Resistance (Chart)

By Luis Gil,
22 April 2009 02:35 GMT

For nearly three weeks, the U.S. Dollar has been traveling in a downward sloping channel against the Japanese Yen. The pair came off resistance just under four hours ago and appears to be moving on its way down.

04-21-09 usdjpy

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22 April 2009 02:35 GMT