Monday, June 29, 2009

USD/JPY tests 95.60 resistance again

After trading in a small range between 95.30 and 95.60 during the Asian session, USD/JPY is testing the 95.60 resistance again in the early European morning. The pair is recovering from 95.04, Friday low in the American session. Currently USD/JPY is trading around 95.50/60, 0.40% above today's opening price action.

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