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Trade Idea Update: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 17, 2016.

  1. Lily

    Lily Forum Member

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    Although the greenback found support at 103.33 and has rebounded, a break of last week's high at 104.64 is needed to confirm recent upmove has resumed and extend further gain to 105.00 psychological level later, however, still reckon upside would be limited to 105.30-35 (61.8% projection of 100.09-104.16 measuring from 102.81).[​IMG]

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