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Archive for 'Foreign exchange' Category

USDJPY Bearish Opportunity

Mar 30th, 2009 by admin | 2

After topping in March at 99.68, the USDJPY has traded in a volatile range between primarily 93.50 and 99.  Structurally, the advance from 87.09 is in 3 waves, which strongly suggests that the longer term trend remains down.  Very short term, the USDJPY has made 3 lower highs.  The rally from today’s low stalled at […]

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