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Trade Idea Update: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 22, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has recovered after holding above indicated support at 105.42 (yesterday's low), retaining our view that further consolidation would be seen and recovery to 106.40-50 cannot be ruled out, however, price should falter below the upper Kumo (now at 106.94), then sideways trading below this week's high of[​IMG]

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