Thursday, January 29, 2015

Trade Idea Wrap-up: USD/JPY - Stand aside

As the greenback found support at 117.26 again and has rebounded, adding credence to our view that further consolidation within 117.18-118.87 range would be seen and gain to 118.26, then towards 118.50-60 cannot be ruled out but reckon said upper range at 118.87 would hold and bring retreat



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