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Trade Idea Wrap-up: USD/JPY - Buy at 110.35

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 26, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback has recovered after finding support at 110.67 in part due to cross-selling in yen and gain to 111.50 cannot be ruled out, break of resistance at 111.91 is needed to confirm upmove has resumed and extend gain to 112.00-05 (2 times extension of 107.63-109.73 measuring from 107.84),[​IMG]

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