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Wednesday, 30 July 2014

USDJPY: 30 July 2014, Wednesday, 7.55am Singapore Time

USDJPY: 30 July 2014, Wednesday, 7.55am Singapore Time

Added Shorts on USDJPY at 102.077
Bullish on Japanese Yen.
Long term target remains at 84.00 and just below 84.00.

Donovan Norfolk Technical Rating:
Bearish on USDJPY
Bullish on Japanese Yen

Correlation:
Nikkei is peaking




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1 comment:

  1. Don, precious metals may not rally as much as you interpreted it to be...read this enlightening article on Financial Repression http://danielamerman.com/va/Repression.html

    Unless, other major forces are in play to throw the scheme off its trajectory....such as China dumping US treasury or RMB becomes free float...

    ReplyDelete