Trade Idea Wrap-up: USD/JPY – Buy at 80.65

Dollar’s retreat after intra-day rise to 81.07 suggests consolidation would take place, however, downside should be limited and as long as Friday’s low at 80.34 (where a ‘hammer’ was formed) holds, consolidation with mild upside bias remains for another rebound. A break of said resistance at 81.07 would bring another

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