Predicion for USD/JPY today

Discussion in 'Forex' started by peilthetraveler, Sep 30, 2008.

  1. Well, after riding the USD/JPY up today, Im now short at 106.27 (as of this writing its at 106.01)

    I'm thinking we should see a pretty bid drop once the Nikkei opens and I should get another 50 pips at least. I dont normally make predictions, but thought i would today because it seems almost like a sure thing. Anyone agree or disagree?
  2. a little tired as its getting late. Closed out at 105.79 so i got about 47 pips on that trade. I still think its going lower especially now its on that steep downward trend, but I dont feel like watching the monitor.