USD/JPY Signal - Feb. 11, 2013

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By: DailyForex.com

The RSI is entering its area and validates the signal and test again its neutral zone. Markets seem to also experience some difficulties since the USDJPY breaks again under its resistance at 92.90. In this context, investors will trade on a move back to the 50% Fibonacci retracement at 91.06 in case of a break of support at 92.16.

Direction: Sell
Entry: 92.10
Stop-Loss: 93.00
Take-Profit: 91.10

USDJPY Signal - February 11, 2013

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