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April 9, 2012

Dollar Biased Down Vs JPY; Up Vs EUR,GBP,CHF This Week

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The following is a technical analysis of seven major currency pairs for this week: USD/JPY is likely to trade with a downward bias this week as the daily MACD and stochastic indicators are bearish, while the five- and 15-day moving averages are falling. Support is at 81.06, the 38.2% Fibonacci co... FF News: Technical

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