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Trade Idea Wrap-up: USD/JPY - Hold long entered at 100.80

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 30, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Although the greenback retreated initially from 101.78, as dollar found renewed buying interest at 100.74 and has rebounded in part due to cross-selling in yen, retaining our near term bullishness for test of resistance at 101.78-84, however, break there is needed to extend the rebound from 100.09 low for retracement[​IMG]

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