Yen bullish in medium-term, GBP is dirt cheap - Nicole Elliott

Jan 26, 2017, 11:55 AM

Trump trade is once again firing on all cylinders except the US dollar, which is lagging. Nicole Elliott, Technical Analyst and Private Investor, believes the dollar is likely to take a beating in the medium-term, especially against the Japanese Yen.

She believes GBP is dirt cheap and sounds upbeat on EUR as well.

Check out what the Ichimoku Cloud has to say about the Dollar-Yen exchange rate.

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