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November 5, 2012

USD/JPY Breaks Short-term Trendline in Throwback action

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Following up with the previous update on USD/JPY, we see the pair coming off a 6-month high after rallying to 80.66. It ended the week and starts this week (11/5) with a throwback that broke below a rising trendline that has held price action bullish since October 30. Momentum: The bullish moment... FF News: Technical

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