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pennies2007

03/14/16 8:45 PM

#138133 RE: Heavyweight #138131

Ssshhh! It'll hear you...LOL!

I vote for down...of course, BOJ left things unchanged in their statement and said no further easing is needed right now. That actually removes any market impetus to sell the yen, so it makes them more inclined to buy the yen, which would drop the yen pairs. Of course, I'm biased since I'm short GJ. :-)

UJ 4 hour chart...