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Trade Idea Wrap-up: USD/JPY - Buy at 102.45

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 1, 2016.

  1. Lily

    Lily Forum Member

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    The greenback has retreated after intra-day rise to 104.00, suggesting minor consolidation below this level would be seen and pullback to 103.00, then 102.80 would be seen, however, reckon 102.39-49 (previous resistance and 38.2% Fibonacci retracement of 100.06-104.00) would limit downside and bring rebound later[​IMG]

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