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Trade Idea Wrap-up: USD/JPY - Sell at 122.10

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 10, 2015.

  1. Lily

    Lily Forum Member

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    Although the greenback retreated after initial bounce to 121.87, as long as yesterday's low at 121.07 holds, further consolidation would be seen and risk of another corrective rebound to said resistance cannot be ruled out, however, reckon upside would be limited to 122.05-10 (50% Fibonacci retracement of 123.09-121.07) and bring[​IMG]

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