USDJPY Classic Technical Report 07.13.2012
Prices are drifting sideways 79.12. A break downward exposes swing bottom supports at 78.60 and 77.65. Near-term resistance lines up at the 80.00 figure, followed by 80.38. A break above the latter boundary exposes 81.79
8hr Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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