| Home Page : Archive News : August 2012 News : Yen to Fall 6% Against the Dollar in the Short-Term: Chart | |
Yen to Fall 6% Against the Dollar in the Short-Term: Chart | |
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August 21, 2012 The Japanese central bank’s defense of dollar/yen at 76 as a support level has been successful. Upside resistance is created by two features. The first is the classic resistance level located near 84 yen. The second is around 87 yen. This creates a consolidation band resistance area. Source: http://www.cnbc.com/id/48733121?__source=RSS*tag*&par=RSS |
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