In the last week we got 858 old long contracts closed for the japanese yen and 33,600 new short contracts opened for this currency.This means we got almost 40 times as many new short contracts opened for the japanese currency as old long contracts closed for this currency.This is bearish and quote of the japanese yen is expected fo fall soon.Check my strategy to spot bullish and bearish turning points in currencies on my free website:http://futuresandoptions.wix.com/cotswingcharts
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