FX:USDJPY   U.S. Dollar / Japanese Yen
76 5 1
will support @ 100.7 hold?
I expect some support to show up just above 100.000
wakaoeh ForceFollower
HI Forcefollower, yeah support held up well at 100.5. We could be ranging between 101.7 and 100.5 if there isnt much momentum to push it through. Nevertheless, i still respect the uptrend for this pair.
Hi steve, yes you are right. right now my trades are mostly long dollar. hard to fight the trend in dollar. but i am also keeping a lookout on signs of dollar reversal. yen seem to be gaining some strength recently.
The same with me. But USD looks as if it had no power recently. Perhaps it's temporary, but it may just as well turn into a new down trend for USD.
It is hard to short the dollar at the moment, i would be interested if it broke 100 but otherwise i am only looking long
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