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Trade Idea Update: USD/JPY - Buy at 108.00

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 10, 2016.

  1. Lily

    Lily Forum Member

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    The greenback has risen again after brief pullback and bullishness remains for the rise from last week's low of 105.55 to bring at least a retracement of recent decline, hence further gain to 109.30, then 109.45-50 (61.8% Fibonacci retracement of 111.89-105.55) would be seen, however, reckon upside would be limited to[​IMG]

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