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本帖最后由 revolver 于 2009-3-16 11:51 编辑
Weekly chart, JPY/USD is clearly in a downtrend channel which is essentially a deleveraging process of JPY carry trade. After another round of central bank intervention the price is now approaching the upper boundary of the channel.
Daily chart, the recent spike didn't cross the 100 level (both technically and psychologically critical), and seems having run out of the steam.
My trade: long JPY Jun09 future 6JM9 on 16/03/09 |
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