Trade Idea : USD/JPY - Hold long entered at 122.90

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 8, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Failure to extend yesterday's rise and the subsequent retreat from 123.48 (yesterday's high) suggest consolidation would be seen but as long as the lower Kumo (now at 122.93) holds, bullishness remains for another rebound, above resistance at 123.56 would extend gain towards 123.67-76 resistance area but a breach there is[​IMG]

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