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Market news from HiWayFX
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[QUOTE="HiWayFX, post: 72364, member: 31819"] [b]The Yen will be at 117.50 to the Dollar[/b] [B]Then Bank of Japan is Throwing Trillions of Yen out of the Back of a Truck![/B] That illustration is not completely inaccurate, although exaggerated. What we want to do atHiWayFX is to give the retail Forex client a sense of just why it is so dangerous and bad for one's health to short the USD/JPY at the moment. [B]The Technical Picture[/B] How drastic will the rise of USD/JPY be? Our view is that 117.75 is a good medium-term target, and something to focus on while buying dips and selling rips in the USD/JPY. [B]For more information, please visit[/B]: https:[URL="https://www.hiwayfx.com/market-news/yen-will-be-11750-dollar"]https://www.hiwayfx.com/market-news/yen-will-be-11750-dollar[/URL] Thank you. [/QUOTE]
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