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Will Japanese retail flood back into AUD/JPY

By   || March 7, 2010 at 22:57 GMT
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AUD/JPY could be the big mover today. If the Japanese retail market decides that the Japanese government are going to put a base under USD/JPY then they may decide to buy back into the high yielding AUD/JPY. Important resistance is looming at 82.80 but a break back above there would certainly change the technical picture as well. Definitely one to watch.

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