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Trade Idea Wrap-up: USD/JPY - Sell at 105.35

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

  1. Lily

    Lily Forum Member

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    The greenback has rebounded after intra-day initial fall to 103.99, suggesting consolidation above this level would be seen and recovery to the Kijun-Sen (now at 105.08) cannot be ruled out, however, reckon 105.42-49 (previous support and 61.8% Fibonacci retracement of 106.41-103.99) would limit upside and bring another decline later, below[​IMG]

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  2. Tyler16

    Tyler16 Member Trader

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  3. qulpayltd

    qulpayltd New Member Trader

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