Monday, September 1, 2014

Trade Idea Wrap-up: USD/JPY - Buy at 103.70

As the greenback has maintained a firm undertone after staging a strong rise from 103.56, suggesting recent upmove is still in progress and may extend further gain to 104.60-65 (50% projection of 102.14-104.28 measuring from 103.56), however, loss of upward momentum should prevent sharp move beyond 104.88-95 (61.8% projection and



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