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09:05 (CET) - UsdJpy: yen sleeping
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It seemed the price wanted to go to 88 yens per dollar at the beginning of the week, but that never happened. The price rebounded at 89 and then headed to 90. Right now, the pair is trading near 91, which is the fibo 61.8 from the short movement started on September 21st to October 7th. This is the last chance for yen traders to form a good resistance. If that doesn't happen, the price will seek its last barrier before correcting all the movement, 91.534 yens per dollar.
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