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Wheelty
Dec 18, 2016 8:32 AM

USDJPY short term downside before upside Long

U.S. Dollar/Japanese YenFXCM

Description

BoJ's policy announcement (last for the year) may see USDJPY fall momentarily before resuming its strong uptrend.

No reason for bearish sentiment for the USD, now that the Fed has raised rates and is hawkish about their stance next year.
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