Monday, June 22, 2009

UNITED WOLRD CAPITAL USD/JPY Mid-Day Outlook

USD/JPY weakens mildly today but stays inside tight range of 95.51 and 97.18. Intraday outlook remains neutral for the moment. On the downside, below 95.51 will suggest fall from 98.87 is still in progress and could dip to 94.44 support. Nevertheless, as such decline is treated as the final leg.... UWCFX

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[Source: USD/JPY Mid-Day Outlook]

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