Although the greenback has recovered after intra-day selloff to 79.57 and consolidation with mild upside bias is seen for retracement to the Kijun-Sen (now at 80.20), above 80.50 is needed to suggest low is possibly formed and bring test of previous support at 80.70 but break of 81.11-19 (current level
Thursday, May 5, 2011
Trade Idea Wrap-up: USD/JPY – Stand aside
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment