kanaan

Yen is getting stronger but it was already in oversold area

FX:USDJPY   U.S. Dollar / Japanese Yen
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Yen is getting stronger against USD. It could be the effect of china economic slow down plus the weaking of oil prices. A technical analysis show us that USDJPY is already in its oversold area. Wait for a moment to get know about the market reaction before deciding to trade this pair.
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