Last week was worst for EUR,GBP, AUD and NZD but JPY, CHF where the strong pairs which didn't get shake by USD so we can easily say that we can bet on them this week irrespective of the news so plan to sell the USD against these two pairs and make good profit and at the same time a bump in Japan's GDP readings gave the JPY a boost against the broader market. Japan's quarterly GDP came in better than expected for early Friday, with Q2's Annualized GDP clocking in at 1.9% versus the expected 1.4% and taking back the previous quarter's -0.2% slide which is more positive news for JPY so i am planning to bet against USD in USDJPY pair by considering below scenario.
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