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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 15, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback has retreated after faltering below the upper Kumo, suggesting another test of this week's low at 105.63 would be seen, however, break of previous support at 105.55 (this year's low) is needed to confirm major downtrend has resumed and extend weakness to 105.20-25 and possibly towards psychological[​IMG]

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