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Friday, May 09, 2008

Yen Breakout

We have captured profits from the Dollar Yen this morning after yesterdays breakout. You can read yesterdays forex analysis here.

Some news out today regarding Canada and trade balance from the US also to be aware of.

Other than that it is a fairly quiet day so we can pack up shop quite early.


Chart courtesy of Advanced GET. Data provided by eSignal.

Good trading.

Forex Analysts
Javid Shaik & Anne Chapman