Trade Idea Update: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 1, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback has fallen again after brief recovery and downside risk remains for the fall from 113.80 to extend weakness to 111.70, loss of near term downward momentum should prevent sharp fall below 111.38 support and reckon 111.22 would limit downside, price should stay above 111.00, bring rebound later.[​IMG]

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