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Trade Idea: USD/JPY - Sell at 91.00 O.C.O. Buy at 88.85 - forex fx daily current outlook

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Old 01-26-2010, 02:30 PM
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Join Date: Sep 2008
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Default Trade Idea: USD/JPY - Sell at 91.00 O.C.O. Buy at 88.85

As dollar has remained under pressure, suggesting the decline from 93.78 top is still in progress and may extend weakness to 88.83, however, loss of near term downward momentum would prevent sharp fall below there and reckon support at 88.32 (also below 100% projection of 93.78 to 90.31 measuring from...

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