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

2019-06-10T02:31:28

Relevance until2019-06-11

USDJPY near key resistance, a drop to 1st support is possible

Entry: 108.96

Why it's good : 61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal pullback resistance

Stop Loss : 109.91

Why it's good :50% Fibonacci retracement,horizontal swing high resistance

Take Profit : 107.74

Why it's good: 61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low support

USD/JPY near key resistance, a drop is possible!

*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!