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Aug 19, 2023 6:56 AM

(Weekly backtest and review) JXY retesting resistance 69.00 Short

Japanese Yen Currency IndexTVC

Description

JXY index fall tremendously last week, greater than our expectation. Indicating weak buying sentiment at JXY previous support level at 69.00.
However, although we're expecting JXY will hit further lows in long term, next week may have a small bull(short term bullish outlook) on JPY against other currencies.
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