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Sunday 16 May 2010

16-05-2010 21:22 GMT+1

Apart of my recent euro analysis I will watch following currencies:

USD seems to rise further. As long as traders wont escape to gold.

JPY - there was massive spike on 6th of may. Two days later is a local top on all JPY crosses. I think 50% retracement betweenthose two extremes is where JPY will bounce up.

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