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Trade Idea: USD/JPY - Sell at 118.65

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 4, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As dollar has rebounded after yesterday's selloff to 117.05, suggesting consolidation above this level would be seen and recovery to 118.55 (current level of the Kijun-Sen as well as 50% Fibonacci retracement of 120.05-117.05) cannot be ruled out, however, reckon upside would be limited and bring another decline later. A[​IMG]

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