Friday, April 29, 2011

Trade Idea Wrap-up: USD/JPY – Stand aside

Although the greenback has fallen again after intra-day brief rebound to 81.86 and retest of this week’s low at 81.27 cannot be ruled out, a break below there is needed to confirm recent decline from 85.53 top has resumed and extend weakness to 81.00 and possibly towards 80.50/55, however, psychological

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