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Trade Idea: USD/JPY - Buy at 90.05 - forex fx daily current outlook

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Old 03-10-2010, 03:30 PM
Superior Investor
 
Join Date: Sep 2008
Posts: 11,435
Default Trade Idea: USD/JPY - Buy at 90.05

Current break of resistance at 90.69 confirms the rise from 88.14 has resumed and further gain to 91.45/50 would be seen, however, reckon resistance at 92.16 would hold from here and near term overbought condition would limit upside and risk from there is seen for a retreat later this week....

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