Trade Idea Wrap-up: USD/JPY - Exit long entered at 111.35

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 24, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As dollar's intra-day decline has gathered momentum, suggesting a retest of previous support at 110.98 cannot be ruled out, however, a firm break there is needed to retain bearishness and extend recent decline to 110.70 and possibly towards 110.50, risk from there remains for a rebound to take place later.[​IMG]

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