Yen is trading at 111.60 levels and the decline should find some support at 111.20 levels for a corrective pullback towards 112.20, we would prefer to initiate a buy at 11.20 levels for the above said target to be reached.
Buy @ 111.20 for 112.20 with stop below 110.90.
By N. Rajesh Kumar,
Forex Leads,
Email:
rajesh@forexleads.com ,
# 3 G-1 Ambal Flats,
Sathyavathi Nagar,
Padi Chennai 600050,
Phone: + 91 44 26549159
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