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Will the FOMC Minutes be the catalyst for a USD/JPY

Tip TV
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Wilson Leung, Director, Trendsetter FX, joined Tip TV to offer the technical outlook for USD/JPY and GBP/USD.

USD/JPY – Will the dollar bulls return?

Leung believes that the US FOMC Minutes to be released ahead might be the catalyst dollar bulls await. He further maintains a buy on dips approach on the pair, suggesting to buy any weakness towards the 124.00 area, but maintains a stop loss at 123.00

Leung believes that USD/JPY will have to stage a break of its yearly highs at 125.86 for the dollar bulls to be back in control.

Watch the technical charts and the outlook for GBP/USD in the video.

Tip TV

Tip TV

Tip TV is a daily live finance video show, created for the financial trading community. Based in St Pauls, in the heart of the City of London, Tip TV is dedicated to supplying viewers with the very highest caliber guests with insightful and actionable infotainment.

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