1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Trade Idea Wrap-up: USD/JPY - Hold long entered at 109.20

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 17, 2016.

  1. Lily

    Lily Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    7,381
    Likes Received:
    0
    As the greenback has retreated after intra-day brief rise to 109.65, suggesting consolidation below this level would be seen, however, as long as intra-day support at 108.85-88 holds, mild upside bias remains for another test of said resistance, break there would extend recent upmove towards 110.10 (50% projection of 106.25-109.55[​IMG]

    Continue reading...
     

Share This Page