Wednesday, October 7, 2009

Commerzbank warns of fall in the dollar / yen to 86.15

dollar / yen is below the 60.50 level and its reduction requires the achievement of an objective mark of 87.60, which is a 14-year support and the recent minimum, said Karen Jones, a technical analyst at Commerzbank. "It is possible to reduce to 86.15. This mark - the current value of very long key line. We would have expected some signs of correction here," - adds to its expert's thoughts Commerzbank.

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