Friday, October 11, 2013

Trade Idea: USD/JPY - Buy at 97.70

As the greenback has risen again after finding renewed buying interest just above the Kijun-Sen yesterday, suggesting the rise from 96.55 is still in progress and further gain to previous resistance at 98.73 would be seen, however, near term overbought condition should prevent sharp move beyond 99.00 and price should



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