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
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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.
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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.
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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.
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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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