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Trade Idea Update: USD/JPY - Buy at 121.85

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 17, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The greenback found renewed buying interest at 121.38 and has rallied in late NY, adding credence to our view that low has been formed at 120.34 and bullishness remains for the rise from there to extend gain to previous support at 122.72, however, near term overbought condition should limit upside[​IMG]

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