FX.co - USD/JPY approaching resistance, possible drop!

2019-07-10T05:04:58

Relevance until2019-07-11

Price is reaching resistance at 109.002, a drop could occur!

Entry :109.002

Why it's good : horizontal pullback resistance

61.8% Fibonacci extension

38.2% Fibonacci retracement

Take Profit : 108.592

Why it's good : Horizontal pullback support

USD/JPY approaching resistance, possible 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 approaching resistance, possible drop!