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Buying a dip on USDJPY: Lambert
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Clive Lambert of FuturesTech explains why he is trading USDJPY.
He is looking to get long on a dip to 110.40, then 110.16, working a stop below 110.75.
After 111.05 is hit, he is looking for a move to 112.30 and later 114.30.
Lambert explains the background to a selected trade every week on TradingFloor.com.