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Saturday, 2 June 2012

2012.06.01 18:07:46 USD/JPY intraday: under pressure.

USD/JPY intraday: under pressure. Update on supports and resistances. Pivot: 78.7 Our preference: Short positions below 78.7 with targets @ 77.6 & 77.3 in extension. Alternative scenario: Above 78.7 look for further upside with 79.1 & 79.3 as targets. Comment: technically, the RSI is below its neutrality area at 50. Key levels 79.3 79.1 78.7 78.19 last 77.6 77.3 77 Trading Central recommends MT5 to publish FX charts Copyright Trading Central 1999-2011

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