FX.co - USD/JPY near key resistance, a drop is possible!

2019-05-22T04:21:59

Relevance until2019-05-23

Entry: 110.687

Why it's good : 100% Fibonacci extension, 78.6% & 50% Fibonacci retracement, horizontal swing high resistance

Stop Loss : 111.051

Why it's good :61.8% Fibonacci retracement,horizontal overlap resistance

Take Profit : 109.49

Why it's good: 61.8% Fibonacci extension, horizontal swing low support. 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 near key resistance, a drop is possible!