Tuesday, July 1, 2014

Trade Idea: USD/JPY - Sell at 101.75

As the greenback has rebounded after holding above yesterday's low at 101.24, retaining our view that minor consolidation would be seen and recovery to 101.70-75 cannot be ruled out, however, price should falter below 102.00 and bring another decline. A break of said support would extend recent fall from 102.80



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