Objective Forex: Thursday Recovery Play

Thursday, October 15, 2015

Thursday Recovery Play

We called the GBPJPY trade quite accurately as it popped shortly after our release, however dollar weakness has brought it and many pairs sharply down yesterday and last night.

We are looking at a recovery play on USDJPY to take advantage of great gains as we approach oversold territory.

LONG USDJPY at 118

Honorable mentions to our newest stock pick ZN which is cruising up past $2.0 a share when we alerted at $1.6.

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