Sunday, February 1, 2015

Trade Idea: USD/JPY - Stand aside

Although the greenback opened lower earlier today and dropped below indicated support at 117.18, as dollar found good support at 116.78 and staged a stronger-than-expected rebound from there, dampening our bearishness and further choppy trading is in store and recovery to the upper Kumo (now at 118.08) cannot be ruled



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