Sunday, 16 September 2012

Stanard Bank Comes Full-Circle On USD/JPY


Standard Bank does a 360 on USD/JPY and goes long at 78.55 - that's after it changed to a neutral stance only yesterday, from its previous bearish stance. The bank is looking for 79.35 and then 80.50 topside, with a stop down at 77.40. Now at 78.49.

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