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

2019-06-28T04:17:11

Relevance until2019-06-29

Price is approaching 1st support at 107.49 and could breakout the level and drop further.

Entry : 107.49

Why it's good : horizontal pullback support

61.8% Fibonacci extension

50% fibonacci retracement

Take Profit : 106.958

Why it's good :61.8% Fibonacci extension

USD/JPY break out, 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 break out, potential drop !