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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 18, 2016.

  1. Lily

    Lily Forum Member

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    As dollar has retreated after intra-day brief rise to 109.84, suggesting consolidation would be seen and pullback to 109.30-35 cannot be ruled out, however, reckon 109.00-05 would limit downside and bring another rise later, above said resistance at 109.84 would extend recent rise to 110.10 (50% projection of 106.25-109.55 measuring[​IMG]

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