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FX Technical Strategies

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FX Technical Strategies

Fri, Jan 30 2009, 03:11 GMT
by Lea Peters

FXUniversity


AUD/JPY : we went short again on the return of the risk aversion and the yen strengthening , technicals conforming to the resumption of the downtrend. Looking to gain momentum to 56.25 first with the 55.00 to follow.
Short term : bearish
Medium term : bearishAUD/JPY set-up
Long term : bearish 


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