Trade Idea Wrap-up: USD/JPY - Sell at 115.85

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 9, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback has remained under pressure after last week's selloff, suggesting recent decline from 125.86 top is still in progress and may extend weakness to 114.20 and then 114.00, however, oversold condition should prevent sharp fall below 113.70-75 and reckon 113.50 would hold on first testing, risk from there[​IMG]

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