Monday, January 26, 2015

Trade Idea: USD/JPY - Buy at 117.50

Despite intra-day initial fall to 117.26, as the greenback has rebounded again after holding above indicated support at 117.18, retaining our view that further choppy trading would be seen and as long as this support level holds, mild upside bias is for gain to 118.50-60, however, only break of strong



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