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Wednesday, March 16, 2016

USD/JPY monthly outlook before FOMC


Strong downtrend on monthly chart and today on news the price may have a big jump. I dont want to forecast however i have feeling that price will move down with continuation.


I recommend to be carefull today. FOMC US Economic Projections, federal funds rate and statement are coming today in 2h43 minutes.


Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view


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