Friday, October 31, 2014

Trade Idea Wrap-up: USD/JPY - Buy at 111.10

As the greenback has continued to surged after resuming medium term uptrend, bullishness remains for further gain to 112.50-60 would be seen, however, overbought condition should prevent sharp move beyond 112.75-80 and reckon 113.00 would hold from here, risk from there has increased for a minor correction, below the Tenkan-Sen



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