Trade Idea Wrap-up: USD/JPY - Buy at 111.35 or sell at 112.80

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 23, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    As the greenback has remained under pressure after breaking support at 112.31, suggesting the decline from 114.88 is still in progress and may extend weakness to 111.50-60, however, loss of downward momentum should prevent sharp fall below 111.30-35 and bring rebound later, above 112.55-60 would bring recovery to 112.80 but[​IMG]

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