USD/JPY - 90.11 Daily Market Outlook - May 25

By @ibtimes on

Despite y'day's intra-day cross-inspired fall to 89.26, subsequent strg bounce in NY indicates price wud continue to trade abv last week's low at 88.95 n re-test of 90.75 is now likely, abv wud bring stronger retrace. to 91.30.    On the downside, only below 89.74 wud risk another decline twd 89.26.

Join the Discussion