April 14 (Bloomberg) -- European Central Bank President Jean-Claude Trichet said Japanese economic leaders agree that the yen should reflect Japan's strengthening economy.
Even though Friday saw another 50 DMA rejection for the Yen, I think we are close to a bottom. I will be watching the gap close for JPY June futures at 0.00814. If we get down there, I am a buyer. 0.00839 is current support and it might hold up, so keep it on your radar as we might never get down to 814.
Even though Friday saw another 50 DMA rejection for the Yen, I think we are close to a bottom. I will be watching the gap close for JPY June futures at 0.00814. If we get down there, I am a buyer. 0.00839 is current support and it might hold up, so keep it on your radar as we might never get down to 814.
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on Saturday, April 14, 2007 at 4/14/2007 01:32:00 PM.
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