USD/JPY - 84.25 Daily Market Outlook - Sep 9

09 September 2010 @ 09:09 pm EDT

Dollar's firmness after breaking indicated resistance at 84.04 at Tokyo morning confirms corrective upmove from Wednesday's 15-year low at 83.34 has resumed and further gain towards measured objective at 84.63 would be seen, however, near term over-bought condition limit upside to 85.00 today and reckon daily chart resistance at 85.23 (Sept. 3 high) would hold, yield retreat later.  

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