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Trade Idea Wrap-up: USD/JPY - Buy at 101.55

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 5, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback dropped again today, loss of near term downward momentum would prevent sharp fall below 101.40 support and bring rebound later, above 101.91 would bring test of the Kijun-Sen (now at 102.04) but break there is needed to signal an intra-day low is formed, bring a stronger rebound[​IMG]

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