Thursday May 26, 2005 - 01:19:13 GMT
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USD/JPY Daily Outlook
USD/JPY : 107.75
Update time : 01:18GMT
As dollar has rebounded after finding buying interest above 107.23 support, suggesting corrective decline from 108.31 has possibly ended there but above 108.14 resistance is needed to signal recent upmove from 104.20 has resumed.
Below 107.23 would extend weakness to 107.00 but support at 106.55 is expected to remain intact.
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