Tuesday, December 2, 2014

Trade Idea: USD/JPY - Hold long entered at 118.10

Although the greenback slipped yesterday to 117.87, renewed buying emerged there and has staged a strong rebound, retaining our bullishness for another rise to yesterday's high of 119.14 but break there is needed to confirm upmove has resumed and extend gain towards 119.50-55 which is likely to hold on first



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