Trade Idea Update: USD/JPY - Buy at 100.25 or sell at 101.45

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 22, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback has rebounded after holding above previous support at 100.06, suggesting consolidation above this level would be seen and recovery to 101.10-15 (38.2% Fibonacci retracement of 102.79-100.10) cannot be ruled out, however, reckon upside would be limited to 101.40-45 (50% Fibonacci retracement) and price should falter well below[​IMG]

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