Trade Idea Update: USD/JPY - Sell at 101.60

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 15, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The greenback retreated after recovering to 101.45 and test of last week's low at 100.83 cannot be ruled out, however, break there is needed to extend recent fall previous support at 100.68, then 100.35-40 but near term oversold condition should limit downside and previous chart support at 100.00 should remain[​IMG]

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