Trade Idea Wrap-up: USD/JPY - Hold short entered at 110.40

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 26, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback has retreated after intra-day brief bounce to 110.21, retaining our view that further consolidation below resistance at 110.59 and as long as this level holds, mild downside bias remains for another test of intra-day support at 109.42, break there would extend the fall from 110.45 (yesterday's high)[​IMG]

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