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Trade Idea : USD/JPY - Sell at 115.30

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 12, 2017.

  1. Lily

    Lily Forum Member

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    Although the greenback staged a rebound to 116.87 yesterday, the subsequent selloff together with the breach of previous support at 115.07 signals the erratic decline from 118.66 top is still in progress and may extend further weakness to 113.90-00, then towards 113.50-60, however, near term oversold condition should prevent sharp fall below[​IMG]

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