Tuesday, May 27, 2014

Trade Idea Update: USD/JPY - Buy at 101.30

Although dollar has rebounded after intra-day retreat to 101.73, break of yesterday's high of 102.05 is needed to signal the rise from 100.82 has resumed and bring test of 102.12 resistance, above there would extend gain towards previous resistance at 102.36 but as broad outlook remains consolidative, price should falter



Continue Read...


0 comments:

Post a Comment

Site Search