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USDJPY: Still bearish, looking for short opportunities

The USDJPY it’s been in a bearish market condition since de 21st of January, and it still has some room to continue its way down:

USDJPY

USDJPY

As long as the USDJPY continues to trade below 89.37 I will be looking for short trade opportunities.

And of course, all long opportunities will be ignored.

Trade Safe!
Raul Lopez

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This entry was posted on Wednesday, January 27th, 2010 at 5:55 am and is filed under Technical. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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