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USDJPY Anticipating ADP and NFP Data

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USDJPY has completed bullish wedge pattern, and the price is rising again.
It seems the market intially overreached to the BOJS comment about rate hike pushing the price down to many pips too Quickly

However, its worth noting that the market may remember the BOJS inconsistency in their statements and their frequent failure to keep promises

This week the focus shifts to the ADP and NFP Data which could potentially boost the Us Dollar.

Feragatname

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