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

2019-07-19T05:25:16

Relevance until2019-07-20

USDJPY approaching 1st resistance at 107.57, a drop could occur!

Entry :107.57

Why it's good :

horizontal pullback resistance

61.8% Fibonacci extension

Take Profit : 107.25

Why it's good :

100% Fibonacci extension

horizontal swing low support

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