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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 8, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Despite intra-day brief bounce to 118.84, as renewed selling interest emerged there and dollar has quickly retreated, suggesting an intra-day top has possibly been formed and consolidation with mild downside bias is seen for weakness to 117.50-60, however, break of this week's low at 117.33 is needed to signal decline[​IMG]

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