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Thursday, May 28, 2009
USD/JPY 28/05/2009
UJ touched the low of 93.845 before resuming upwards. Currently it is doing a throwback to the neckline for the H&S on daily chart. Neckline resistance is at 97.250. A new short trigger is probable once it resumes downwards below the neckline. Midterm target remains 89-90.
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