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Jul 30, 2014 1:48 PM

USDJPY is strongly overvalued Short

U.S. Dollar/Japanese YenFXCM

Description

USDJPY currency pair is trading higher than 55 Moving Average on hourly timeframe so we are considering a downward movement for this currency pair from the level of 101.670 on U.S. stock trading session until 14.30 GMT today.
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