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Trade Idea Wrap-up: USD/JPY - Buy at 103.80

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 12, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback has surged again and broke above last week's high at 104.16, confirming recent upmove has resumed and further gain to 104.50-60 (50% projection of 100.74-104.16 measuring from 102.81), then 104.80-85 (50% projection of 100.09-104.16 measuring from 102.81), however, near term overbought condition should limit upside to psychological[​IMG]

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