Currencies

A loss of its reserve status would be a boon, not a bust.
I am bullish and still long at higher levels.
Resistance is at $1.3600, with downside potential projecting to $1.3435.
The short side of the market is in very weak hands.
Charts of related currency ETFs reveal details on dollar strength and euro weakness.
The loss of the dollar's reserve status would not be a disaster.
A long yen position will reward you well, but patience is crucial.
Look at it as just another currency, rather than a commodity.
Japan's consumption-tax hike and high short interest should propel the yen even higher.
Keep a close eye on the forex market in the coming weeks.

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