logo

FX.co ★ USD/JPY breakout, possible drop!

USD/JPY breakout, possible drop!

USD/JPY breakout, possible drop!

Price dropped nicely.We expect to see a further drop from the intermediate support level.

Entry : 107.047

Why it's good : 61.8% Fibonacci Extension, horizontal swing low support

Take Profit : 106.466

Why it's good : 61.8% Fibonacci Extension, 76.4% Fibonacci retracement

USD/JPY breakout, possible drop!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Go to this author's articles Open trading account