FX.co - USD/JPY bounced up support, possible bounce!

2019-07-02T04:31:08

Relevance until2019-07-03

Price is bouncing up 1st support at 108.118, a bounce could occur.

Entry :108.118

Why it's good : 23.6% Fibonacci retracement

Horizontal pullback support

61.8% Fibonacci extension

Take Profit : 108.73

Why it's good :horizontal swing high resistance

61.8% & 50%Fibonacci retracement

USD/JPY bounced up support, possible 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 bounced up support, possible bounce!