Comments on: USD/JPY outlook August 19th: Conflicting forces at play but bear-strategy favoured https://fxww.com/usdjpy-outlook-august-19th-conflicting-forces-at-play-but-bear-strategy-favoured/ The Professional Source Sun, 18 Aug 2013 22:16:50 +0000 hourly 1 By: Sean Lee https://fxww.com/usdjpy-outlook-august-19th-conflicting-forces-at-play-but-bear-strategy-favoured/#comment-27112 Sun, 18 Aug 2013 22:16:50 +0000 http://381c099c8f.nxcli.net/?p=10206#comment-27112 Morning Abdullah, I’m thinking 9650/9850 on the edges and play close to there as possible. Prefer sell-rally like you but with US yields rising, the dip-buyers will also have strong case. Classic range trading set-up

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By: Abdullah Hussain https://fxww.com/usdjpy-outlook-august-19th-conflicting-forces-at-play-but-bear-strategy-favoured/#comment-27109 Sun, 18 Aug 2013 22:10:53 +0000 http://381c099c8f.nxcli.net/?p=10206#comment-27109 Im with you on this one Sean (although i usually agree with you 99.9% of the time), i think bear is the way to go, but everying seems to be on hold for this pair waiting for Japans trade balance and import/export numbers. i think when the market opens the Nikkei will be a bit higher, but will go back down taking usd/jpy with it, i guess ill have to wait and see. Sean you think we might see a dip at mid 95 some time this week, although its to early to call, cause my gut is telling me 95-96 seems practical for this week, let me know what you think!

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