USDJPY is looking to target 99.00 level a the moment and mostly traders will look to sell it just above 100.50 level for a nice intra-day trade. RSI is at 57 and don't seemed to play much part in USDJPY movement at the moment.
Recommended Trade Levels
Trade: Sell USDJPY @ 100.65
Stop: 101.00
Profit Target 1: 99.65
Profit Target 2: 99.00
Thursday, April 9, 2009
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