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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 14, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback eased after rising to 109.55 earlier today, near term upside risk remains for the rebound from 107.63 to bring retracement of recent decline, hence gain to 109.70-75 cannot be ruled out, however, reckon 109.91-95 would limit upside and bring another decline later. Below the Ichimoku cloud bottom[​IMG]

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