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USD/JPY Classical 07.06

USD/JPY Classical 07.06

2010-07-06 05:46:00
Joel Kruger, Technical Strategist
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Usd/Jpy: Daily studies are showing oversold, with the RSI recently crossing below. As such, the greater risk over the coming days is for some significant upside beyond 90.00 with only a close back below 87.00 giving reason for concern. 

 

Written by Joel Kruger, Technical Currency Strategist for DailyFX.com 
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