Friday, May 29, 2009

USDJPY (96.90)

USDJPY is looking to target 97.50 level at the moment and traders will be
currently looking to buy USDJPY around 96.50 level. RSI is just above 52
and will support break-out in both direction.

Recommended Trade Levels

Trade 1: Buy USDJPY @ 96.40
Trade 2: Buy USDJPY @ 95.45
Stop: 95.00
Profit Target 1: 97.50
Profit Target 2: 98.40

No comments: