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#1 02-04-2018 12:24:27

johnedward
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From: Paris - France
Registered: 21-12-2009
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USD/JPY: Morgan Stanley sees a trading opportunity on the pair

USD/JPY: Morgan Stanley sees a trading opportunity on the pair


http://www.forex-central.net/forum/userimages/morganstanley.gif


Morgan Stanley sees a potential USD/JPY trading opportunity.

Following the recent rebound of the USD/JPY from 104.60, Morgan Stanley believes it is worth buying the pair in the short/medium term.

They suggest buying the USD/JPY at 106.80 with a stop near 105 and a target around 110.

On Friday, the USD/JPY was back in the 106.20 zone, which currently offers a better buying threshold if you are interested in this position.


"Anything worth having is worth going for - all the way." - J.R. Ewing

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