MDunleavy
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--The USD/JPY pair shot straight up during the week as the dollar found its footing against most currencies for the week.
--The 80 handle continues to be the epicenter of resistance for our money, and has still price down.
--The level won’t be considered broken out of it until we cross and close above the 80.50 level.
--This area is a clear top to the resistance area on the daily charts.
--Because of this, we are not ready to go along yet but believe that a break of the top of this week’s candle would be an excellent buy signal.
--As for selling, we are looking to do that now. [By FX Empire Analyst]
> > Click to learn more! < < ↓↓↓
A d d i t i o n a l l y ↑↑↑
--The 80 handle continues to be the epicenter of resistance for our money, and has still price down.
--The level won’t be considered broken out of it until we cross and close above the 80.50 level.
--This area is a clear top to the resistance area on the daily charts.
--Because of this, we are not ready to go along yet but believe that a break of the top of this week’s candle would be an excellent buy signal.
--As for selling, we are looking to do that now. [By FX Empire Analyst]
![1.png](/proxy.php?image=https%3A%2F%2Flh4.googleusercontent.com%2F-2I1VoAsPUI8%2FT-cF5bUfKOI%2FAAAAAAAAAXE%2FW1LWuKRxaEk%2Fs576%2F1.png&hash=8050ae78cf65ce5af53deab0b21d3629)
> > Click to learn more! < < ↓↓↓
Code:
>>https://docs.google.com/spreadsheet/pub?key=0AhxKzvQ2GlM8dDBqYWl6XzlEbFZDWFVob0FMbG9nbGc&output=html<<
>>https://docs.google.com/open?id=0B9cvIxidsTjvdktmX0NlcnJWMHM<<
>>http://img401.imageshack.us/img401/9310/12jun24.pdf<<