Trade Idea Update: USD/JPY - Sell at 101.50

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 12, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The greenback has tumbled in NY morning on poor US retail sales data, suggesting a test of 100.87 and possibly last week's low at 100.68 would be seen, however, break of latter level is needed to retain bearishness and extend recent decline to 100.40-50 but near term oversold condition should[​IMG]

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