Tuesday, September 2, 2014

Trade Idea Update: USD/JPY - Buy at 104.60

As dollar's upmove has gathered momentum, suggesting recent rise is still in progress and may extend gain to 105.00, then towards previous chart resistance at 105.44, however, break of latter level is needed to retain bullishness and extend medium term uptrend to 105.60-70, however, near term overbought condition should prevent



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