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Trade Idea Update: USD/JPY - Buy at 101.10

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 29, 2016.

  1. Lily

    Lily Forum Member

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    Dollar's intra-day rally together with the breach of previous resistance at 101.24 suggests a temporary low has been formed at 100.09 and consolidation with mild upside bias remains for retracement of recent decline to 102.00-10, however, near term overbought condition should prevent sharp move beyond 102.50 and price should falter[​IMG]

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