Monday, January 27, 2014

Trade Idea Update: USD/JPY - Sell at 103.50

Despite intra-day initial brief fall to 101.77, lack of follow through selling and current rebound suggest consolidation above this level would be seen and minor correction of last week's selloff to 103.00 cannot be ruled out, however, reckon the Ichimoku cloud bottom (now at 103.52) would limit upside and bring



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