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Trade Idea Update: USD/JPY - Sell at 109.55

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 19, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although dollar has risen again after brief pullback and near term upside risk remains for the rebound from 107.84 to extend gain to 109.50-55, as broad outlook remains consolidative, reckon upside would be limited to 109.73 resistance (last week's high), bring retreat later, below 108.75-80 would signal an intra-day top[​IMG]

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