Trade Idea Wrap-up: USD/JPY - Buy at 109.80

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback has risen again after finding support at 109.70, suggesting recent rise from 105.55 low is still in progress and may extend further gain to 110.70 and possibly 110.90-95 (61.8% projection of 105.55-109.55 measuring from 108.46) would be seen but loss of near term upward momentum should prevent[​IMG]

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