DOLLAR OF THE USA
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Mizuho Bank. Recommendations about dollar/yen
Dollar/yen. Sharp intraday fluctuations are saved; the dollar was rolled away from a trend line on the day schedule in the field of 120.00. This morning probably ascending movement in area 121.80, and then recoil to 120.50.
Strategy: sale on 121.45; stop above 121.90. The Short-term objective 120.65, and then 120.20.
Nicole Eliot, the London division
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