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Trade Idea Update: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 11, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has finally rebounded after falling to 110.98, suggesting consolidation above this level would be seen and another test of the Kijun-Sen (now at 113.09) cannot be ruled out, however, a sustained breach above 113.20 is needed to signal an intra-day low is formed, bring retracement of recent decline to[​IMG]

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