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Trade Idea Update: USD/JPY - Sell at 109.40

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 28, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback has recovered after intra-day selloff to 107.92 and minor consolidation above this level would be seen and recovery to 109.00 cannot be ruled out, reckon upside would be limited to 109.40-45 (38.2% Fibonacci retracement of 111.89-107.92) and bring another decline, a break of said support would extend[​IMG]

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