Friday, June 7, 2013

USDJPY SHORT TERM STRATEGY - 2nd UPDATE

Sorry traders was expecting a bounce back after our near term target of 98.50 for a fresh short. Though was bearish but this move has even surprised me. But finally patience pays as USDJPY today made a low of 95.91 which means even our 1st short term target of 97.00 has been achieved and it has reversed just a few pips from our 2nd short term target of 95.50.

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