Trade Idea Update: USD/JPY ? Stand aside

Trade Idea Update: USD/JPY ? Stand aside

<p>Although the greenback has risen again after finding renewed buying interest earlier at 82.29 and a stronger retracement of recent decline to indicated level at 82.78-80 (50% Fibonacci retracement of 83.98 to 81.57 and 61.8% Fibonacci retracement of 83.56 to 81.57) is underway, near term overbought condition should limit upside<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/geKwUowS7XI" height="1" width="1"/>

Source: Trade Idea Update: USD/JPY ? Stand aside