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Thursday, June 11, 2009

RE: Video GBPJPY


It made a push, but didn't hold but the 1H candles are staying in a down trendline, squeezing it against the support area (.40-.50) I moved the support to .41, so watch for a break and hold. The yen has lost a little ground to the dollar the past couple of hours, so it is causing a stalemate of sorts.

Keep your eyes open, PA is picking up.

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