FX.co - USD/JPY approaching 1st resistance, potential to drop!

2019-09-26T08:07:01

Relevance until2019-09-27

USDJPY is approaching 1st resistance at 107.85 and could drop from there

Entry :50% Fibonacci retracement

100% Fibonacci extension

Horizontal overlap support

Take Profit : 106.96

Why it's good : 50% Fibonacci retracement

Horizontal swing low support

USD/JPY approaching 1st resistance, potential to drop!

*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 1st resistance, potential to drop!