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Trade Idea Update: USD/JPY - Sell at 122.10

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 10, 2015.

  1. Lily

    Lily Forum Member

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    As the greenback has recovered after yesterday's selloff to 121.07, suggesting consolidation above this level would be seen and gain to the Kijun-Sen (now at 121.94) cannot be ruled out, however, reckon upside would be limited to 122.05-10 (50% Fibonacci retracement of 123.09-121.07) and bring another decline, below 121.28 would[​IMG]

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