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Trade Idea: USD/JPY - Buy At 89.80 - forex fx daily current outlook

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Old 03-11-2010, 07:11 AM
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Join Date: Sep 2008
Posts: 11,435
Default Trade Idea: USD/JPY - Buy At 89.80

Although the greenback broke above resistance at 90.69 to as high as 90.83 yesterday, lack of follow through buying and the retreat from there suggest consolidation would take place an retracement to the Kijun-Sen (now at 90.01) is likely, however, renewed buying interest is likely to emerge around 89.72-83 (current...

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