Figures and charts are talking, no place for fantasy unless you know kool & the gang.
strong support arround 98.77 made its job and send message to bearish ppl to step back.
prime minister ABE will keep his powerful purchase untill total recovery and this is one of the best hint we can get .
technicaly dollar is recovering from the consolidation phase from 103.74 'til arrond 94.
so my take on that is to go long in 2 steps . 103.74 as first target and then 110.50.
No need to use big volume, the best thing is to keep profit constant ; 200 pips as stop loss is a wise strategy
have a nice week
strong support arround 98.77 made its job and send message to bearish ppl to step back.
prime minister ABE will keep his powerful purchase untill total recovery and this is one of the best hint we can get .
technicaly dollar is recovering from the consolidation phase from 103.74 'til arrond 94.
so my take on that is to go long in 2 steps . 103.74 as first target and then 110.50.
No need to use big volume, the best thing is to keep profit constant ; 200 pips as stop loss is a wise strategy
have a nice week