Wednesday, October 2, 2013

Trade Idea Update: USD/JPY - Sell again at 98.00

As dollar has fallen again after meeting renewed selling interest just below the upper Kumo, justifying our bearishness for resumption of recent decline and downside bias remains for recent decline from 100.62 top to extend weakness to 97.20 and possibly 97.00-05 (1.5 times projection of 99.68-98.27 measuring from 99.14) but



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