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

2019-07-11T05:30:14

Relevance until2019-07-12

Price is reaching support at 107.742, a d bounce could occur!

Entry :107.742

Why it's good : Horizontal pullback support

61.8% Fibonacci retracement

61.8% Fibonacci extension

Take Profit : 109.002

Why it's good : horizontal pullback resistance

61.8% Fibonacci extension

38.2% Fibonacci retracement

USD/JPY approaching 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 approaching support, possible bounce!