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Trade Idea Update: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 20, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The greenback dropped sharply again today and briefly penetrated 116.00 level, however, lack of follow through selling and the subsequent quick rebound to 116.97 suggest consolidation would be seen and test of the Kijun-Sen (now at 117.04) cannot be ruled out, however, reckon the lower Kumo (now at 117.26) would[​IMG]

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