Trade Idea : USD/JPY - Target met and stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 18, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The greenback met renewed selling interest at 112.00 and retreated, our short position entered at 111.90 met indicated downside target at 110.90 (with 100 points profit), however, price has rebounded after holding above this week's low at 110.67, suggesting further consolidation would be seen, however, still reckon upside would be limited to 111.55-60[​IMG]

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