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Trade Idea Update: USD/JPY - Sell at 102.20

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 3, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Dollar has remained under pressure after yesterday's selloff from 102.83, adding credence to our view that recent fall from 107.49 is still in progress and may extend weakness to 100.55-60 (61.8% projection of 105.64-101.97 measuring from 102.83), however, loss of downward momentum should prevent sharp fall below 100.25-30 and reckon[​IMG]

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