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Trade Idea: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 19, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has maintained a firm undertone after finding renewed buying interest at 104.63, suggesting recent rise from 99.01 low is still in progress and may extend further gain to 106.40-45 (50% projection of 100.00-104.99 measuring from 103.91), however, loss of upward momentum should prevent sharp move beyond 106.70-75[​IMG]

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