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Trade Idea Update: USD/JPY - Buy at 120.55

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 26, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback has retreated after rising to 121.51 earlier today, suggesting consolidation below this level would be seen and pullback to the Kijun-Sen (now at 120.87) is likely, however, reckon the upper Kumo (now at 120.55) would limit downside and bring another rally later, above said resistance at 121.51[​IMG]

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