Monday, May 26, 2014

Trade Idea Wrap-up: USD/JPY - Buy at 101.30

As dollar has eased after intra-day initial brief rise above 102.00, suggesting minor consolidation would be seen and pullback to the lower Kumo (now at 101.45) cannot be ruled out, however, as last week's rally from 100.82 signals recent fall has ended, reckon 101.30 would limit downside and bring another



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