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02nd Mar - USD/JPY Recovery Paused at Long Term Resistance

02 March 2014

MONTHLY CHART:

The long term recovery recently neared a falling resistance line, at 106.45 this month. Resistance has emerged here.

WEEKLY CHART:

The 105.60 61.8% retracement level was reached on the Weekly chart and is proving to be a temporary barrier to the bulls.

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28th Feb - CRB Index Recovery Pauses For Breath

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