Sunday, May 3, 2009

UNITED WOLRD CAPITAL USD/JPY Weekly Outlook

The strong rebound from 95.61 last week indicates that fall from 101.43 has completed and dampened the immediate bearish view. Initial bias remains on the upside this week as long as 97.96 minor support holds and further rally could be seen. At this moment, a break above 101.43 high cannot.... UWCFX

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[Source: USD/JPY Weekly Outlook]

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