Wednesday, October 29, 2014

Trade Idea Update: USD/JPY - Buy at 107.40

Dollar's near term sideways trading is expected to continue and as long as resistance at 108.38 holds, initial downside risk remains for another corrective fall to 107.61 (this week's low), however, reckon previous resistance at 107.39 would limit downside and bring another rise later, above said resistance at 108.38 would



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