Buy AUDUSD due to oversold level

Review Japan: The BoJ kept its interest rate unchanged; also, it did not announce further easing measures. The reason why this decision disappointed the market a bit was that it had expected at least that the BoJ would expand the period for its purchases. On the whole, it seems that the BoJ is quite happy about the initiatives it has launched and that it will allow the economy to incorporate the easing measures. For the second time, the BoJ raised its expectations of economic growth in 2013.

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Buy AUDUSD due to oversold level

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