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Long

USD/JPY Long then reversal

FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
USDJPY             has finally broken the ascending triangle/wedge formation. First reistance is at 121.600. If it breaks this level the next resistancewill be the decending trend line from 1990 at around 123.000. The final resistance will be 124.00 from mid 2007. I suspect a push towards these levels before a strong push back towards 118.
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