Trade Idea Wrap-up: USD/JPY - Sell at 115.20

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 15, 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 110.98, near term upside risk remains for further gain to 114.75 (38.2% Fibonacci retracement of 120.86-110.98), however, as this move is viewed as retracement of recent decline, reckon upside would be limited to 115.15-20 and bring[​IMG]

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