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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 27, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has rebounded after holding above support at 109.42 (yesterday's low), suggesting further consolidation would be seen, however, as long as 110.21 resistance holds, mild downside bias remains for another test of said support, break there would extend the fall from 110.45 towards 109.11 support but break there[​IMG]

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