Wednesday, November 27, 2013

Trade Idea: USD/JPY - Buy at 101.50

As the greenback has maintained a firm undertone after yesterday's resumption of recent upmove, suggesting recent rise is still in progress and headway towards 102.40-50 (100% projection of 97.60-100.43 measuring 99.57) would be seen, however, overbought condition should prevent sharp move beyond 102.90-00, risk from there is seen for a



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