Thursday, April 9, 2015

Trade Idea Wrap-up: USD/JPY - Hold long entered at 119.80

Dollar's rebound after finding renewed buying interest at 119.64 yesterday has retained our bullishness for test of resistance at 120.45 (this week's high) but break there is needed to extend further gain to 120.70 and possibly 120.90, having said that, only break of previous resistance at 121.20 would



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