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

2019-06-26T03:41:33

Relevance until2019-06-27

Price is approaching resistance where we might see a drop in price.

Entry : 107.828

Why it's good : horizontal overlap resistance,50% Fibonacci retracement, 61.8% Fibonacci extension

Take Profit : 107.235

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

USD/JPY reaching resistance, potential drop!

*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 reaching resistance, potential drop!