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Apr
27

Trading Idea for 04/28: Long Jap. Yen

As you can see on the chart below, the 90000 level is an important one. It was a clear resistance level in February and March of this year and could now work as support. I'd try to buy the June Japanese Yen one tick above today's high using the TTE with a first target at around 90470 with the idea of a possible 1-2-3 low. I would risk about $300/contract on the trade. Update 04/28, 6 AM CT: The Ja...

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