USDJPY got beaten down is certainly on a downtrend going forward to possibly retest 85-86 levels if it is unable to sustain above 89.25. Although talking about short term.. a day or two it is looking bullish for a short term recovery to retest the resistance zone around 92.
Here is the trade idea: Long around 89.90 and target 91.90, stop loss at 89.70
No comments:
Post a Comment