Thursday, January 29, 2015

Trade Idea : USD/JPY - Stand aside

Despite overnight brief rise to 118.49, as the greenback has retreated again since, retaining our view that further consolidation within 117.18-118.87 range would be seen and whilst weakness to 117.55-60 cannot be ruled out, reckon 117.26 support would limit downside, bring rebound later. Only break of said lower



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