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Swing Technicals- USD/JPY Long At 76.42 Remains The Focus

January 19, 2012 by stanh
Filed under FX News

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CURRENCY	CURRENT BIAS	POTENTIAL STRATEGY
EUR/USD (Medium Term)		Watch for a new opportunity to go short at the bearish trend line.
GBP/USD (Medium Term)		Watch for a new opportunity to emerge.
USD/JPY (Medium Term)		Buy USD/JPY at 76.42. Stop at 76.23. Profit target at 76.79.
USD/CHF (Medium Term)		Watch for a new opportunity to emerge.
USD/CAD (Medium Term)		Watch for a new opportunity to emerge.
AUD/USD (Medium Term)		Watch for a new opportunity to emerge.
NZD/USD (Medium Term)		Watch for an opportunity to go long near the bullish trend line.

Commentary from Brad Gareiss and Matt Weller, Technical Analysts, GFT

Tags: 76.42, Focus, Long, Remains, Swing, Technicals, USD/JPY

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