FX.co - USD/JPY break out, potential bounce !

2019-06-27T04:14:03

Relevance until2019-06-28

Price is bouncing up the resistance-turned-support level and could bounce further.

Entry : 107.828

Why it's good : horizontal overlap resistance

Take Profit : 108.727

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

USD/JPY break out, potential bounce !

*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 break out, potential bounce !