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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 14, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback has recovered after holding above previous support at 105.55 and consolidation would be seen, break of resistance at 106.58 is needed to suggest low is possibly formed, bring a stronger rebound to 107.00 but break of resistance at 107.26 is needed to provide confirmation, bring further subsequent gain towards 107.50-60.[​IMG]

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