USDJPY Analysis.
USDJPY rebounds sharply from 103.54 and is forming a short term cycle bottom on 4H chart. Further rise is still possible to 108.00 zone in a couple of days. Initial support is at 103.54, only fall below this level will signal deeper decline towards 102.00-50 area.
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Buddy , I agree with this article, just sometimes I read so fast everything and I miss things that after read them again, I can understand it better.. ;). Your Daily Forex Analysis – September 17, 2008 Blog Stumbled up and Bookmarked, so I keep updated on every article you write from now now on forex markets.