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 - Sell at 102.50

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 7, 2016.

  1. Lily

    Lily Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    7,354
    Likes Received:
    0
    As the greenback has recovered after finding support at 101.20, suggesting consolidation above this level would be seen and recovery to 102.00, then 102.20 (38.2% Fibonacci retracement of 103.81-101.20) cannot be ruled out, however, reckon 102.50 (50% Fibonacci retracement) would limit upside and bring another decline, below 101.20 would extend[​IMG]

    Continue reading...
     

Share This Page