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Oct 24
USD/JPY Analysis-June 02,2011
Thursday, 02 June 2011 05:32

USDJPY reversed from 61.8%(81.63) of 82.20 to 80.70, extension 80.30-79.78 area still in progress. USDJPY broke triangle on 1 hour chart and back test trend line and going down side toward extesion. USDJPY is also under down trend line on 1 hour chart, break of 81.17 resistance further going up side toward 81.50 on intraday, otherwise down trend remain same. Break of 80.82 support further going down side toward 80.30 on intraday.

New High:81.09, 81.53, 82.01

New Low:80.81, 80.65, 80.24