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Trade Idea Update: USD/JPY - Buy at 122.80

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 19, 2015.

  1. Lily

    Lily Forum Member

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    Dollar's retreat after rising briefly to 123.76 suggests consolidation below this level would be seen and pullback to 122.80-85 (61.8% Fibonacci retracement of 122.22-123.76) cannot be ruled out, however, reckon downside would be limited and bring another rise later, above 123.50-55 would bring test of resistance at 123.76, break there[​IMG]

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