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

2020-02-05T09:56:44

Relevance until2020-02-06

Trading Recommendation

Entry:109.65

Reason for Entry: Horizontal swing high resistance

Take Profit: 109.65

Reason for Take Profit: Horizontal horizontal support

Stop Loss: 109.87

Reason for Stop loss: 76.4% Fibonacci retracement

*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 resistance, potential drop!