Trade Idea Update: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 18, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback fell to as low as 116.51 on Friday, lack of follow through selling and the subsequent rebound suggest consolidation would be seen and upside risk has increased for a rebound to 117.50, however, only break of the Ichimoku cloud (now at 117.84-89) would signal a temporary low[​IMG]

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