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Trade Idea Update: USD/JPY - Buy at 102.45

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 12, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback surged again after finding support at 102.45 and has maintained a firm undertone, near term overbought condition should prevent sharp move beyond 104.02-05 and reckon 104.40-50 would limit upside, price should falter well below 105.00, risk from there is seen for a retreat later.[​IMG]

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