Trade Idea: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 25, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback retreated after meeting resistance at 106.72 and consolidation with mild downside bias is seen for weakness to 106.00, as broad outlook remains consolidative, reckon 105.55-60 would limit downside and support at 105.42 should hold, bring another rebound later. A drop below said support at 105.42 would add[​IMG]

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