FX.co - USD/JPY to reach 1st resistance at 109.39, potential to drop!

2019-11-05T04:57:27

Relevance until2019-11-06

USDJPY to reach 1st resistance at 109.39, potential to drop!

Take Profit 109.39

Why it's good: Horizontal swing high resistance

78.6% Fibonacci extension

Take Profit : 107.70

Why it's good : horizontal swing low support

50% Fibonacci retracement

61.8% Fibonacci extension

USD/JPY to reach 1st resistance at 109.39, 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 to reach 1st resistance at 109.39, potential to drop!