USDPJY is moving in a bullish trend today, after the announcement of BOJ concerning the interest rate desicion. The trading idea for today is simple, since there is a clear resistance line at 100.87, on 3 July 2013 and 19 July 2013. Thus, you can take long positions above 100.90 putting stop loss 10 pips lower and take profit 30 pips higher. If the market doesn't touch 100.90 you can take short positions at 100.87 putting stop loss 10 pips higher and take profit 25 pips lower.
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