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USD/JPY and EUR/JPY


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#1 nicolasillo

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Posted 16 August 2007 - 06:01 AM

Have you seen what happened to the USD/JPY and EUR/JPY a moment ago? Either that was it and we have a strong rally or today we are going to crash! Check the graphs to see what happened

#2 redfoliage2

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Posted 16 August 2007 - 06:29 AM

Have you seen what happened to the USD/JPY and EUR/JPY a moment ago?
Either that was it and we have a strong rally or today we are going to crash!
Check the graphs to see what happened

Yen/dollar just got to 113.85. This rate may be too good to resist for fresh yen carry trades. :lol:

Edited by redfoliage2, 16 August 2007 - 06:34 AM.


#3 sglasson

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Posted 16 August 2007 - 06:38 AM

Drops below 113.75 , below third support level 115.17

more hedge fd implosion? - subprime and yencarry double wammy