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USD/JPY Technical analysis

The currency pair got back in the bearish channel and is currently below the psychological barrier at 80. Targets are the next levels, first of which is the support at 79.50 - the last before the bottom of the central bank intervention and 76.03 - year low. If the upward movement is restored the first resistance for the price will be at the top of May 2011 - 82.20, and the key level in 84 short-term and long-term potential targets are up 85.80 - peak in April and 87.09 - 23.6% Fibonacci correction of the entire decline from 124.12 to 75.50.