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Tuesday, February 3, 2009

UJ, GJ 03/02/2009

USD/JPY

UJ has tested the red resistance line and stayed below the uptrend line. Currently the trend remains to be bearish. But if it breaks and goes above the red trend line, UJ might turn bullish on short term.





GBP/JPY

GJ as expected has tested and rejected the blue channel. Current trend remains down. Yellow trend line acts as resistance.



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