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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 23, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Dollar's retreat after meeting resistance at 100.93 dampened our near term bullishness and downside risk remains for weakness to 99.80, however, break of last week's low at 99.54 is needed to signal recent decline has resumed and extend fall to 99.20-25, then towards recent low at 99.01 which is likely[​IMG]

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