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Nov 7, 2013 3:50 PM
Weak U.S. stocks' reaction on GDP data
Short
FX:USDJPY
60
U.S. Dollar/Japanese Yen
FXCM
Description
⋅
Nov 7, 2013 3:50 PM
American stock markets did not react with a sharp rise on successful U.S. GDP data published today. So we are waiting for USDJPY decline because this pair is looking overbought. We recommend PUT option from 99.145 with 16.30 GMT today expiration.
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