Trade Idea Wrap-up: USD/JPY - Sell at 102.50

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 3, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Dollar has recovered after holding above yesterday's low at 100.68 and further consolidation above this level would be seen, although recovery to 101.70-75 and possibly previous support at 101.97 cannot be ruled out, reckon 102.50-60 (38.2% Fibonacci retracement of 105.64-100.68) would limit upside and bring another decline to[​IMG]

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