Trade ideas 9:24, Friday 24-10-2014 USDJPY- buy around 107,53-107,65 Stop Loss: 106.80 Take Profit: 109 Justification: To the detriment of the Japanese currency will continue to affect fundamentals. Recent speculation about the decline in inflation in Japan, less than 1.0% will also work against the yen. From the viewpoint tehcnicznego occurred over the top clearance wedge formation, suggesting that the upward movement will continue. EURCHF buy limit at a price of 1.2055 Stop Loss: 1.1990 Take Profit: 1.2130 Justification: SNB at the next meeting may take action to weaken the franc. Speculation on this topic may again lead to a strong rise EURCHF exchange rate and therefore the pending order buy limit at the level of the last support seems to be a reasonable solution.
Posted on: Fri, 24 Oct 2014 07:26:28 +0000
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