Wednesday, July 29, 2009
Dollar retreats from 95.00 to test 94.00 area
USD/JPY declined yesterday from levels right above 95.00 to break support at 94.60 and drop all the way to levels right above 94.00. The Dollar attempted a shy recovery on early Asian session but it was capped at 94.60 resistance and the pair dipped to levels right above 94.00 ahead of the European session opening.
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