Trade Idea Update: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 21, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback has remained under pressure after last week's selloff from 123.57, suggesting near term downside risk remains for weakness to 121.00, however, as broad outlook remains consolidative, reckon downside would be limited to 120.70-75 and support at 120.34 should remain intact, bring rebound later this week.[​IMG]

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