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FX.co ★ USD/JPY wave analysis for March 17, 2011

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Forex Analysis:::2011-03-17T10:59:53

USD/JPY wave analysis for March 17, 2011

USD/JPY wave analysis for March 17, 2011

The USD/JPY currency pair is continuing to fall down as recovery of Japanese economy will take a lot of money. Therefore, at the moment it is almost impossible to predict the bottom levels for the pair; probable target levels are located up to the levels near 50.00. Though, even in such circumstances the rate is declining in accordance with the Fibo. 

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