FX.co - USD/JPY approaching 1st resistance, potential to drop!

2019-09-27T07:05:35

Relevance until2019-09-28

USDJPY is approaching 1st resistance at 107.92 and could drop from there

Entry :61.8% Fibonacci extension

100% Fibonacci extension

Horizontal swing high resistance

Take Profit : 106.95

Why it's good : 50% Fibonacci retracement

Horizontal swing low support

USD/JPY approaching 1st resistance, potential to 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 1st resistance, potential to drop!