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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 16, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although dollar's retreat after intra-day initial rise to 114.88 suggests minor consolidation below this level would be seen, near term upside risk remains for the rebound from 110.98 (last week's low) to extend one more rise, above 114.25-30 would bring another test of 114.88, however, reckon 115.15-20 would limit upside[​IMG]

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