Friday, November 1, 2013

Trade Idea Wrap-up: USD/JPY - Stand aside

Although dollar's rally after finding anticipated renewed buying interest at 97.80 signals recent upmove from 96.94 has resumed and near term bullishness remains for further gain towards previous resistance at 99.01, near term overbought condition should prevent sharp move beyond 99.25-30 and reckon 99.55-60 (100% projection of 96.94-98.69 measuring from 97.80) would hold



Continue Read...


0 comments:

Post a Comment

Site Search