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Trade Idea Wrap-up: USD/JPY - Buy at 106.00

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 20, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    As the greenback has continued moving higher, adding credence to our view that recent upmove from 99.01 low is still in progress and bullishness remains for further gain to 106.95-00 (61.8% projection of 100.00-104.99 measuring from 103.91), however, loss of upward momentum should prevent sharp move beyond 107.15-20[​IMG]

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