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yen update


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#1 tozwp

tozwp

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Posted 11 April 2007 - 11:38 AM

Stopped out. Still could bounce at that last potential inverse h&s shoulder projection line but for now, it looks like this is still fuel for the markets worldwide. Of all the currencies I chose to trade long, this was the wrong one. Its a turd. Any tigtening talk today by the fed will probably drive this down to another support level. Breaking back into the falling wedge is not bullish to me.

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