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Guest Commentary: USD/JPY remains sideways but bullish

Guest Commentary: USD/JPY remains sideways but bullish

Eric Morera, Technical Strategist

USDJPY remains in a sideways consolidation with a bullish bias. This sideways consolidation can play out in a number of different ways as far as Elliott wave patterns go but strategy remains to look to buy the dips rather than selling rallies. Timing cycles are calling for a low on 10.4.2013.

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