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Oil turns short term bullish - 2ndSkies

FXStreet (Bali) - Chris Capre, Founder at 2ndSkies, notes that Crude Oil bias short term has turned bullish with some medium term bullish signs as well.

Key Quotes

"With the LT range being broken and many stops tripped, bias ST is bullish with some MT bullish spice in there as well. Weak pullbacks towards 53.75 should be bought with a move towards 56 and 58.43 on deck. Only a daily close back below 53.75 negates the ST bullish bias."

Fed's Potter: Fed market desk is ready for rate lift off

Simon Potter, executive vice-president of the Federal Reserve Bank of New York, crossed the wires, via Bloomberg, noting that Fed market desk is ready for rate lift off.
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USD/JPY bears riding supply in the greenback in early Tokyo

USD/JPY is offered and currently trading at 118.89 with a high of 119.20 and a low of 118.89 in the Tokyo open.
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