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Trade Idea: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 11, 2016.

  1. Lily

    Lily Forum Member

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    Although the greenback extended recent decline to as low as 116.69 on Friday, as price has recovered from there today, suggesting minor consolidation would be seen and test of the Kijun-Sen (now at 117.77) cannot be ruled out, however, reckon the Ichimoku cloud (now at 118.01-08) would limit upside and[​IMG]

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