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trading the forex

Technical Analysis USD JPY

Indicators show an intraday sell opportunity for USD/JPY.

Entrance just below 76.20

Target just above 76.00

76.00 is the major support level

RSI crossing into oversold territory on the hourly chart would be a stop signal

Since 10/21/11 pretty decent longer outlook downtrend

Technical analysis USD JPY for 10/24/11

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