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Trade Idea: USD/JPY - Buy at 110.35

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 27, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback rebounded after finding support at 110.67, as price has retreated again from 111.48, retaining our view that further consolidation would be seen and another corrective fall to said support cannot be ruled out but 110.35 (38.2% Fibonacci retracement of 107.84-111.91) should limit downside and bring another upmove[​IMG]

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