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Trade Idea Update: USD/JPY - Sell at 109.90

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 1, 2016.

  1. Lily

    Lily Forum Member

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    Dollar's selloff finally broke below indicated support at 109.42, adding credence to our view that top has been formed at 111.45 earlier this week and further weakness to previous support at 108.72 would be seen, however, oversold condition should prevent sharp fall below 108.45-50 and price should stay above[​IMG]

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