Friday, April 29, 2011

Technical Analysis Daily: USD/JPY

On Thursday Dollar/Yen decreased insignificantly with almost 90 pips, matching the negative Interbank sentiment at bellow -67%. The currency couple depreciated from 82.28 to 81.39 yesterday, closing the day at 81.51. This morning the Dollar is trading neutrally against the Yen, testing yesterday's bottom, which is holding the downward breaks

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