Friday, January 30, 2015

Trade Idea Wrap-up: USD/JPY - Sell on break of 117.18

As the greenback has retreated quite sharply after meeting renewed selling interest at 118.49 yesterday, suggesting consolidation with downside bias would be seen and test of 117.26 support cannot be ruled out, however, below support at 117.18 is needed to signal a downside break of recent established range



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