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Trade Idea Wrap-up: USD/JPY - Sell at 109.90

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 13, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback has maintained a firm undertone after staging a strong rebound from 107.63, adding credence to our view that a temporary low has been formed there and near term upside risk remains for retracement to 109.45-50 (38.2% retracement of 112.46-107.63), then 109.70-75, however, reckon 109.91-95 would limit upside[​IMG]

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