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Trade Idea Update: USD/JPY - Buy at 106.00

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 20, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has risen again after finding support around the upper Kumo, adding credence to our view that recent upmove from 99.01 low is still in progress and bullishness remains for further gain to 106.60-65, then 106.95-00 (61.8% projection of 100.00-104.99 measuring from 103.91), however, loss of upward momentum[​IMG]

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