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December 9, 2011

USDJPY: Faces Bear Threats, Remains Vulnerable

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While the pair continues to hold on to its downside vulnerability, USDJPY will have to break and hold below the 76.57 level to convince the market it has ended its recent upside offensive. If this occurs, the 75.57 level, its Oct'2011 low will be targeted with a break turning attention to the 74.00... FF News: Technical

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