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August 21, 2012

Yen to Fall 6% Against the Dollar in the Short-Term: Chart

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The weekly dollar/yen chart shows two types of technical features. The first group is support and resistance features. The second group is a long term trend reversal fan pattern. The Japanese central bank's defense of dollar/yen at 76 as a support level has been successful. Upside resistance is c... FF News: Technical

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