Trade Idea Update: USD/JPY - Sell at 110.40

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 25, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback staged a strong rebound after finding support at 109.11 earlier this week, suggesting near term upside risk remains for further gain to 110.35-40, however, if our view that top has been formed at 110.59 last week is correct, upside should be limited and bring another decline, below[​IMG]

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