Trade Idea Update: USD/JPY - Buy at 119.65 or sell at 120.70

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 23, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The greenback has retreated after rising to 120.99, suggesting consolidation below this level would be seen and reckon 120.70 would limit upside, bring another retreat to previous resistance at 120.09 (now support), break there would bring correction of recent upmove towards support at 119.61 where renewed buying interest should emerge,[​IMG]

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