Monday 28 September 2009

USD buying sees USDJPY back up towards 89.20

Mon, Sep 28 2009, 01:43 GMT

Bargain hunters, profit takers and Importer bids has seen USDJPY trade back up towards 89.20. There are sellers here, looking to re-establish shorts for another look lower. If we can get above 89.30 convincingly then its back up to 89.70 we go.

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