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The battle for 80.00 is underway

The battle for 80.00 is underway

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Jamie Coleman
16/03/2011 | 16:16 GMT

80.05 the low so far. Japanese retail is buying USD/JPY and Cross JPY… US real money continues to cover JPY shorts at ugly levels…Macro guys are pushing to send the buck to new all-time lows.

Protection of 80.00 barriers is expected.

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