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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.

Sunday, September 24, 2006 at 02:19 GMT

USDJPY is topping on daily chart and is testing the price channel support, break below this support can confirm the cycle top, and further fall below 115.57 can be expected in the next several days. Key resistance is at 118.27, only break above this level may signal the resumption of the up trend.

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