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USDJPY - Free Forex Market Analysis

In FREE Forex Market Analysis section, we'll provide forex market traders mid-term technical analysis of major currency pairs. But first of all, you should go to FAQ page to read the expression of the signs and words that appeared on the forex market analysis charts. You may join our yahoo group if you want to receive the update alert immediately after the analysis had been posted. For daily forex analysis, you can subscribe our Short-Term Forex Market Analysis, now you can get it at no charge.

Saturday, September 16, 2006 at 03:02 GMT

The up trend of USDJPY is limited by the price channel, it may be topping on daily chart, and fall towards the bottom of the price channel is possible in the next several days. On the other side, the pair stays in the rising price channel and it is still in up trend, only break below 115.57 may signal the reversal to the up trend.

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