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Trade Idea: USD/JPY - Exit long entered at 109.80

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 23, 2016.

  1. Lily

    Lily Forum Member

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    Despite last week's rise to 110.59, the subsequent reversal signals top has been formed there and consolidation with downside bias is seen for retracement of recent rise to 109.30, then towards 109.00, break of latter level would signal recent rise has ended, then test of previous support at 108.72 would follow but[​IMG]

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