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Trade Update

Trade Update

2010-05-25 14:33:00
Jamie Saettele, CMT, Sr. Technical Strategist
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I am not trading any Yen pairs at the moment as my focus this week has been on the AUDUSD. In any case, I would look for a bounce from the lower ends of the ranges in the Yen crosses. In the USDJPY, Weakness has extended to the 78.6 retracement. I would look higher from here with initial resistance at 9085.

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