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

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

  1. Lily

    Lily Forum Member

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    Dollar's intra-day rally to 105.94 suggests the rise from 99.01 low is still in progress and may extend further gain to 106.00-05 (1.236 times projection of 100.00-102.89 measuring from 102.45), however, loss of upward momentum should prevent sharp move beyond 106.40-45 (50% projection of 100.00-104.99 measuring from 103.91),[​IMG]

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