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- Moneyright replied Jan 18, 2011
Bullish — Notice how well the 82.5 has held on the weekly, a bullish sign, get ready for 83.5, then ???, but 84 a possibility. The big USD buy might be about to begin, who knows. For now...
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- Moneyright replied Nov 4, 2010
In trouble but not for long??? — It seems that the longers are in trouble again, but I think the bubble will burst soon, anyway Noda is watching the currency!!! Tonight Japan may make a statement and announce more QE! Or more intervention??? ...
- Moneyright replied Nov 2, 2010
Intervention or not — "Maybe the proximity of the all-time USDJPY low is just too much for the pair to resist. Of note however on the daily is yesterday’s inverted hammer pattern, which is a bullish reversal pattern. Price needs to break above ...
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