It may sound scary, but there could be a big opportunity. The last time it happened the pair dropped over 2000 pips in six months. Will it happen again? The team at SocGen explains: Here is their view, courtesy of eFXnews: Societe Generale FX Technical Strategy Research notes that USD/JPY charts point to a ‘death cross’, [...]
The post USD/JPY: Death Cross For First Time Since Dec 2015 appeared first on Forex Crunch.
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