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February 23, 2012

Resistance in play for yen crosses early next week

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I wrote last week that "10700 comes into play in the event of a parabolic move." The 200 day average is at 10715 Friday and Fibonacci objectives are at 10762 (161.8% of 9740-10220/9924) and 10836 (161.8% of 9924-10328/10181). The August 2011 is at 10802. The point here is that resistance levels are... FF News: Technical

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