Thursday, August 25, 2011

USDJPY Trade idea:

Trade idea: Bullish (direct rise). An immediate rise is expected on the market.
Details: The market is upside oriented today. We advise to play this bullish strategy as long as the market does not go below 76.84, as we anticipate a direct rise to 77.59. Buy close to 76.99 to play a rise to 77.59. The invalidation level of this trade idea is at 76.84.

Buy USDJPY
Entry: 76.990
Target: 77.590
Stop loss: 76.840