Thread: Gbp/jpy
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  #271 (permalink)  
Old 06-07-2008, 08:19 AM
4xStar 4xStar is offline
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Quote:
Originally Posted by akeakamai View Post
My advice to anyone who cares would be to watch very close what happens to price at 209 or at 204. I have a bias to the downside despite the pretty solid uptrend since march.
Seeing what happened yesterday, it could not make it past 208.05, I think you may be right and the bears have her for now. This trip back down was inevitable IMO, question is now, how far down? On a daily or weekly, 199 looks likely, maybe lower?
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