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WHAT DOES BULLISH MEAN?

WHAT DOES BULLISH MEAN? 

Going long, or buying, is a bullish action for a trader to take. Put simply, being a bull or having a bullish sentiment means that you believe a currency pair will increase in value, or go up. To say “he’s bullish on USD/JPY,” for example, means that he believes the price of the US Dollar will rise against the Japanese Yen. 

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