FX.co - USD/JPY approaching upside confirmation, potential bounce!

2019-09-09T05:33:43

Relevance until2019-09-10

USDJPY is approaching upside confirmation at 107.08, if breaks above this level, could go up further.

Entry :107.08

Why it's good :horizontal swing high resistance, 61.8% Fibonacci extension

Take Profit : 107.48

Why it's good :61.8% Fibonacci retracement

USD/JPY approaching upside confirmation, potential 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 upside confirmation, potential bounce!