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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 20, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The greenback has traded narrowly after meeting resistance at 104.85, retaining our view that further consolidation above last week's low at 103.55 would be seen and risk of another bounce to the upper Kumo (now at 104.94) remains, however, price should falter well below previous support at 105.43 and bring another decline later.[​IMG]

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