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SoulJester
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  • Weekly Market Outlook And Forecast: Dollar Yen Next Week 0 comments
    Jul 7, 2013 7:12 PM

    The Dollar Yen pair will be approaching significant Fibonacci and channel confluence this week. The area could be hit as early as tonight or tomorrow. This is a significant area of interest and could provide resistance and a bearish reaction. It is unclear whether that bearish reaction would be simple a retest of the recent low, or a more significant bearish move to the lower 90s or below.

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