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Past performance is not a guarantee of future results. Please remember that technical analysis is only a tool for trading and even targeted analysis is no guarantee of profits. Forex trading carries a substantial risk of loss and only discretionary capital should be used in trading.

Forex Trading:USDJPY tests support

Posted by Greg Michalowski on Thu, 05/15/2008 - 12:02pm in

The USDJPY also tested some support levels at the 104.39 ( 100 hour moving average). Below that the 104.24 level is the 200 hour moving average.