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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 5, 2016.

  1. Lily

    Lily Forum Member

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    Although the greenback has retreated after meeting resistance at 119.70, break of support at 118.70 is needed to signal recent decline from 123.76 has resumed and extend weakness to 118.50, then towards 118.20-25, however, loss of downward momentum should prevent sharp fall below 118.00, risk from there is seen for[​IMG]

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