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Trade Idea Update: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 21, 2016.

  1. Lily

    Lily Forum Member

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    Although intra-day selloff to 105.42 adds credence to our view that top has been formed at 107.49 earlier today, as the greenback found support there and has rebounded again, suggesting consolidation would be seen and recovery to 106.45-50 is likely, however, reckon upside would be limited to 106.75-80 and 107.00-10[​IMG]

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