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Trade Idea Update: USD/JPY - Target met and stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 16, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Dollar's anticipated rebound from 112.63 (yesterday's low) has justified our near term bullishness and gain towards 114.00 cannot be ruled out, however, as broad outlook remains consolidative, reckon upside would be limited and indicated resistance area at 114.45-56 should hold from here, risk from there is seen for another retreat later.[​IMG]

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