$USDJPY Trade Idea

Monday, June 24, 2013 Posted by TFAL Team

The short-term overextended nature of this market calls for some caution. However, the recent buying interest from the low at 93.79 suggests a limited downside risk. Monitor the resistances at 99.20 and 100 .


My recommendation : Buy above 97.20 stop below 96.20 targeting 99.20 and 100 .














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