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

2019-09-11T04:48:21

Relevance until2019-09-12

USDJPY is reversing off 1st resistance at 107.49 and could drop further from here!

Entry :107.49

Why it's good :horizontal swing high resistance

61.8% Fibonacci retracement

61.8% Fibonacci extension

Take Profit : 107.09

Why it's good :horizontal pullback support

23.6% Fibonacci retracement, 61.8% Fibonacci extension

USD/JPY approaching upside confirmation, potential

*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