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Aleksin_Aleksandar

JPY index potential for a smaller recovery

Long
Japanese Yen Currency Index (TVC:JXY)  
Aleksin_Aleksandar  
TVC:JXY   Japanese Yen Currency Index
Trend Analysis Fibonacci jpy
6
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trendanalysis fibonacci jpy
The JPY index could begin a slight recovery, and we conclude this based on data on increased inflation, which would produce an intervention by the Bank of Japan. For targets, we are looking at Fibonacci 38.2%-61.8% range.
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