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#1 29-05-2015 10:43:07

johnedward
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From: Paris - France
Registered: 21-12-2009
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USD/JPY: Merrill Lynch recommends traders go long on USD/JPY

USD/JPY: Merrill Lynch recommends traders go long on USD/JPY


http://www.forex-central.net/forum/userimages/LogoMerrillLynch.png


Throughout the currency markets, the USD continued to outperform, says Merrill Lynch. The bank remains bullish on long on the USD/JPY.

"Even though the 124.16/124.59 area may provide resistance, we expect it to give way to a push to 128.45. As such, we recommend remaining long, targeting 128.45", advises Merrill Lynch.

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