This week I got a bearish signal for the JPY/USD ratio based on the total number of new short contracts opened(16,794) vs net number of old long contracts closed(2,107) in the last 2 weeks.Moreover I got a bearish PCC = - 0.91 for the Japanese Yen in the last 3 weeks.This means a huge divergence between bearish(rising) and bullish(falling) sentiment for this currency in the last 3 weeks.Therefore I expect JPY/USD ratio to drop in the next days/weeks.Check out my strategy and trackrecord2016 file on my free websites:
http://futuresandoptions.wix.com/cotswingcharts and http://cotreportfreeswingcharts.my-free.website/
http://futuresandoptions.wix.com/cotswingcharts and http://cotreportfreeswingcharts.my-free.website/
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