24 April 2012 06: 32 GMT USD/JPY: the last withdrawal of the 2012, senior UST is considered as corrective and it seems that the market has finally found a solid $ 80.00 support. Setbacks are stalled at the top of the daily and weekly Ichimoku clouds and we look for the formation of a fresh more medium-term low somewhere around 80.00 front of the large next to the extension back to and possibly through 84.20. Overall, this is a market that underwent a major structural change in the last months and we see the pair in the early stages of a long-term up-trend. Ultimately, only a narrow back under 78.00 weekly deny. Dips to 80.00 should therefore be used as great purchase.
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