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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 8, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Current rebound in NY morning due to dollar's broad-based strength suggests low has possibly been formed at 101.20 and upside risk is seen for rebound to 102.50-51 (50% Fibonacci retracement of 103.81-101.20 and current level of the upper Kumo), however, break of 102.80-81 (previous support and 61.8% Fibonacci retracement) is[​IMG]

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