Wednesday, July 22, 2009

UNITED WORLD CAPITAL Technical Analysis Daily: USD/JPY

Dollar/Yen showed a downward momentum on Tuesday, reached a bottom at 93.35, and closed the day at 93.73. The 94.35 level is a key resistance at this time, the break of which may reverse the current downward short term signals into upward. Our preferable scenario for now is still bearish,.... UWCFX

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[Source: Technical Analysis Daily: USD/JPY]
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Posted by United World Capital Forex at 7:43 PM

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