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Trade Idea : USD/JPY - Hold long entered at 121.85

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 18, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback jumped initially to 123.57, current sharp retreat after faltering below previous resistance at 123.67 suggests dollar has remained confined within recent established broad range and weakness to the lower Kumo (now at 121.61) cannot be ruled out, however, reckon downside would be limited and bring rebound later,[​IMG]

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