07/12/2011 09:26 UTC JPY swings lower as it weakens against the EUR, GBP, AUD, NZD and CAD. Recent mid-term strength indicator reading for JPY is 7 out of 8, thus suggesting that the current swing may be non-sustainable.
STOR suggesting a beginning of short/mid-term bearish swing for JPY
The following pairs may gain the most from the recent swing action:
GBP/JPY (Long)
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