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FOREX Trading: Flat Until Next Week

Jamie Saettele, CMT

I'm flat at the moment after being stopped out of my EURJPY position last night at 10720. The EURJPY is nearing that level now but as mentioned last night via Twitter, "the plan didn't pan out and I don't need the uncertainty". My interest is piqued in the EURUSD arena once more with price trading into 13020 resistance last night at the European open. I'm looking to short but not until next week.

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