USDJPY – Weekly Forecast 04-08 Nov 2013

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Recommendations: LONG positions above 93.78  with 101.52 & 103.73 as next target.
Alternative scenario:The downside breakout of 93.78 will call for a slide to 92.56/89/15.
Description:The clear break above 99.27 confirmed support at the 93.78 levels, so as long as 93.78 holds , the pair targets 103.73 levels, break of 103.73 would open 105.72 ahead of 108.21 levels .On the downside, losing the 93.78 levels would invalid the bullish view and open 92.56/89.15 levels ahead of 84.17 levels.

MARKET DATA

UPCOMING ECONOMIC EVENTS

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