By FXEmpire.com
USD/JPY fell again on Wednesday as traders continue to take risk off in the markets. The pair is certainly oversold, but then again – it has been for a very, very long time. The Bank of Japan has been jawboning this pair again, and as such – we think they are going to get involved if this keeps up. Because of this, we are staying out of this pair, save a supportive candle to the upside. But until then – this is getting dangerous to the account if you are in this pair.
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