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October 13, 2012

USD/JPY Coiling in a Triangle Under Key Trendline

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This has been a directionless and low volatility week for the USD/JPY. It remained above 78.00, but for the most part remained under 78.50 after falling under it on Monday (10/8). The RSI has tagged 30 and 70, showing sideways momentum in the 1H chart. We are coming to the last 10/12 US session of... FF News: Technical

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