Last week, there was an early attempt above 1.2260, though it fizzled off but Friday it was a nice bounce up. We shall look out for more support and enter into our buy positions.
Trade attivo:
Started to move up, we are in at 1.2198
Trade chiuso: obiettivo raggiunto:
Strong close for month of May
USDJPY tested 110.00 and we shall monitor this pair to see if USD would continue to strengthen. When it starts going below 109.50, USD pairs should be riding on the weakness of USD.