Trade Idea Update: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 24, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The greenback met renewed selling interest at 123.26 yesterday and has dropped below indicated support at 122.62, suggesting near term downside risk remains for the fall from 123.76 (last week's high) to extend weakness to 122.40 and possibly towards previous support at 122.22, however, as broad outlook is still consolidative,[​IMG]

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