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Trade Idea Update: USD/JPY - Buy at 102.90

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

  1. Lily

    Lily Forum Member

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    Dollar's retreat after faltering below last week's high at 104.16 on cross-buying in yen has retained our view that further consolidation below this level would be seen and initial downside risk remains for weakness to 103.00, however, support at 102.81 should contain downside and bring another rebound, above said resistance[​IMG]

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