FX.co - USDJPY to reach 1st resistance at 108.91, potential to drop!

2019-10-16T02:22:03

Long-term review

USDJPY is to reach the 1st resistance at 108.91, potential to drop!.

Entry 108.91

Horizontal swing high resistance

Take Profit : 107.70

Why it's good : 61.8% Fibonacci extension

50% Fibonacci retracement

Horizontal pullback support

USDJPY to reach 1st resistance at 108.91, 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 ★ USDJPY to reach 1st resistance at 108.91, potential to drop!