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February 5, 2012

USDJPY: Maintains Its Bear Bias, Vulnerable

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USDJPY: Our outlook on USDJPY remains lower as it closed lower the past the week. Despite its one-day recovery on Friday, its broader bias remains lower with eyes on the 75.57 level, its Oct'2011 low. A break of that level will pave the way for a run at the 74.00 level and then the 73.00 level, all... FF News: Technical

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