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Trade Idea Update: USD/JPY - Sell at 111.60

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 5, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has dropped again today and broke below previous support at 110.67, adding credence to our bearish view that early decline from 125.68 top has resumed and further weakness to 110.20 and 110.00 would be seen, however, near term oversold condition should prevent sharp fall below 109.75-80[​IMG]

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