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Trade Idea Wrap-up: USD/JPY - Buy at 110.60

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 22, 2016.

  1. Lily

    Lily Forum Member

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    Dollar's intra-day rise has gathered momentum, suggesting the rise from 107.63 low is still in progress and may extend further gain to 111.80 (1.236 times projection of 107.84-109.90 measuring from 109.26), however, near term overbought condition should prevent sharp move beyond 112.00-05 (2 times extension of 107.63-109.73 measuring from 107.84).[​IMG]

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