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Trade Idea: USD/JPY - Sell at 91.00 - forex fx daily current outlook

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Old 01-25-2010, 02:10 PM
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Join Date: Sep 2008
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Default Trade Idea: USD/JPY - Sell at 91.00

Dollar’s intra-day consolidation after making low of 89.71 suggests further consolidation would take place and initial mild upside bias remains for retracement to the Kijun-Sen (now at 90.84), however, renewed selling interest should emerge around the Ichimoku cloud bottom (now at 90.94) and bring another decline. Below said support would...

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