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Trade Idea Update: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 10, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has recovered after holding above support at 114.21, suggesting further consolidation above this level would be seen and corrective bounce to 115.50-55 cannot be ruled out, however, reckon upside would be limited to 115.85-90 and price should falter below previous support at 116.29, bring another decline later.[​IMG]

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