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Trade Idea Update: USD/JPY - Buy at 119.25

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 13, 2015.

  1. Lily

    Lily Forum Member

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    Dollar's retreat after meeting resistance at 120.35 on Friday has retained our view that further consolidation would take place and weakness to 119.63 support is likely, however, support at 119.25 should limit downside, bring rebound later. Above 120.05-10 would bring test of said resistance at 120.35, break there would encourage[​IMG]

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