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Trade Idea Wrap-up: USD/JPY - Sell at 119.80

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 4, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has recovered after falling to 118.70 earlier today, suggesting consolidation above this level would be seen and test of the Kijun-Sen (now at 118.59) cannot be ruled out, however, reckon upside would be limited to 119.80 and previous support at 120.00-02 would cap upside, bring another decline[​IMG]

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