Trade Idea Update: USD/JPY - Hold long entered at 120.25

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 29, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although dollar's retreat after meeting resistance at 120.63 yesterday suggests further sideways trading would take place, as long as last week's low at 120.02 holds, consolidation with mild upside bias is seen for another rebound, above said resistance would bring test of 121.00-10 but break of 121.30-35 is needed to[​IMG]

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