Wednesday, June 25, 2014

Trade Idea: USD/JPY - Hold short entered at 102.10

Although the greenback rebounded to 102.17 yesterday, as dollar met renewed selling interest just below resistance at 102.20 and has retreated, retaining our bearishness for test of support 101.74, break there would signal rebound from 101.61 has ended at 102.35 and bring test of key support at 101.43, only below



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