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Trade Idea: USD/JPY - Hold short entered at 110.40

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

  1. Lily

    Lily Forum Member

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    The greenback has remained confined within recent established range, retaining our view that further consolidation below resistance at 110.59 would be seen and as long as 110.21 resistance holds, mild downside bias remains for another test of support at 109.42 (yesterday's low), break there would extend the fall from 110.45 towards[​IMG]

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