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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 27, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The greenback has remained confined within narrow range as traders await Fed decision, hence further sideways trading is in store and another corrective fall to support at 110.67 cannot be ruled out but reckon 110.35 (38.2% Fibonacci retracement of 107.84-111.91) would limit downside and bring another upmove later. Above 111.50[​IMG]

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