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Trade Idea: USD/JPY - Sell at 105.05

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 17, 2016.

  1. Lily

    Lily Forum Member

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    Although dollar has retreated after meeting resistance at 104.83, reckon 103.75-80 would limit downside and near term upside risk is seen for another corrective bounce to 105.00-05, however, price should falter well below previous support at 105.43 and bring another decline later, below 103.75 would bring retest of 103.55, break[​IMG]

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