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Trade Idea: USD/JPY - Sell at 109.10

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 12, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has recovered after marginal fall to 107.63 yesterday, suggesting minor consolidation above this level would be seen and corrective bounce to 108.60-70 cannot be ruled out, however, reckon resistance at 109.10 would limit upside and bring another decline later to 107.50-55 (1.618 times projection of 114.56-110.67 measuring from 113.80), then[​IMG]

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