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FX.co ★ USD/JPY to drop from 1st resistance, potential drop!

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

Entry: 109.52

Why it's good: Horizontal swing high resistance

78.6% Fibonacci extension

Take Profit : 107.898

Why it's good : 100% Fibonacci extension

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Horizontal swing low support

50% Fibonacci retracement

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

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