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January 24, 2012

USD/JPY Moves Sharply Up; Bulls Get The Point

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The dollar could be preparing to finally break out of the box that has contained it against the yen for nearly three months. The greenback turned bullish against the yen Wednesday in a flurry of buying. If daily support of Y77.545 holds, then the dollar may have a shot at a further run higher. ... FF News: Technical

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