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Trade Idea Wrap-up: USD/JPY - Buy at 120.35

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 22, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback has fallen again and near term downside risk remains for the fall from 123.57 to extend weakness to 120.50, as broad outlook remains consolidative, reckon downside would be limited to previous support at 120.34, price should stay above psychological support at 120.00, bring another rebound later. Above[​IMG]

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