According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 77.80 with a 1st objective of 78.50, then 78.80. A break in 77.60 would invalidate this scenario.
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Wednesday, August 3, 2011
USD/JPY Intraday Technical analysis 2011-08-03
According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 77.80 with a 1st objective of 78.50, then 78.80. A break in 77.60 would invalidate this scenario.
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