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Trade Idea : USD/JPY - Sell at 113.40

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 9, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The greenback has continued to trade defensively after breaking below previous support at 113.13 (Friday's low) yesterday, adding credence to our view that top has been formed at 114.56 last week and consolidation with mild downside bias remains for further weakness to 112.50, however, break of 112.16 support is needed to confirm[​IMG]

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