Trade Idea Update: USD/JPY - Hold long entered at 122.70

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 2, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Dollar's retreat from 123.34 to 122.64 suggests further consolidation would be seen but as long as said support at 122.64 holds, mild upside bias remains for another rebound, above said resistance at 123.34 would add credence to our view that the decline from 123.76 has ended at 122.26 last week,[​IMG]

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