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Trade Idea: USD/JPY - Sell at 90.40 - forex fx daily current outlook

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Old 10-09-2009, 03:11 PM
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Join Date: Sep 2008
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Default Trade Idea: USD/JPY - Sell at 90.40

As dollar has continued to move higher on weekend short-covering and price just broke above the Ichimoku cloud bottom, suggesting correction of recent decline to the Ichimoku cloud top (now at 89.94 and just below resistance at 89.98) is under way, however, renewed selling interest is likely to emerge below...

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