Thursday, June 29, 2006 at 00:05 GMT
USDJPY is forming a sideways consolidation in a range between 115.76 and 116.69, up trend will resume after 116.69 level is broken above, and the pair may move higher to 118.00 area. Key support is at 115.76, only break below this level may take price back to test the support of the up trend line.
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