Monday, March 30, 2015

Trade Idea Update: USD/JPY - Buy at 119.40

The greenback found renewed buying interest just above the lower Kumo and has staged another rebound, adding credence to our view that further consolidation above last week's low at 118.33 would be seen and mild upside bias remains for gain to 119.75-80 (50% Fibonacci retracement of 121.20-118.33) but only break



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