FX.co - USD/JPY approaching intermediate support, potential to rise further!

2019-09-25T07:41:38

Relevance until2019-09-26

USDJPY is approaching intermediate support at 106.71 and could bounce from there

Entry :50% Fibonacci retracement

Horizontal overlap support

Take Profit : 107.76

Why it's good : 50% Fibonacci retracement

Horizontal swing high resistance

USD/JPY approaching intermediate support, potential to rise further!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ USD/JPY approaching intermediate support, potential to rise further!