Trade Idea Wrap-up: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 24, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The greenback has remained under pressure after breaking support at 122.62, suggesting near term downside risk remains for the fall from 123.76 (last week's high) to extend weakness towards previous support at 122.22, however, as broad outlook is still consolidative, reckon downside would be limited to 122.00 and reckon 121.85[​IMG]

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