Trade Idea: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 6, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Despite yesterday's brief breach of previous resistance at 107.48, lack of follow through buying and the subsequent retreat suggest consolidation would be seen and weakness to 106.50-60 cannot be ruled out, however, break of support at 106.25 is needed to signal the rebound from 105.55 has ended at 107.50, then[​IMG]

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