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Forex Trading: USD/JPY getting a bounce from its hourly trendline and stochs looking bid...

Posted by Michael FX on Thu, 05/15/2008 - 5:20am in

USD/JPY getting a bounce from its hourly trendline and stochs looking bid. At this point though it's unclear whether USD will be able to keep the ground that it gained over the past few days as there is some considerable psychological resistance above the 105.00 figure area.