7 Jan 2008

AUDJPY Bounce?

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Well, it looks like it is going to bounce up. On the chart below you can see the AUDJPY dropped to touch the SMA (simple moving average) around 97.75 about the time I posted about being stopped out.Since I was taken out of several positions, I did sneak another one back in and I do still have a few that are still underwater.Whether or not it will mean anything, the 1hr chart is showing a nice

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