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

2019-12-17T04:30:10

Relevance until2019-12-18

Trading Recommendation

Entry: 109.953

Reason for Entry: 100% Fibonacci extension

Take Profit : 107.898

Reason for Take Profit: horizontal swing low support

50% Fibonacci retracement

Stop Loss: 110.654

Reason for Stop loss:

horizontal swing high resistance

*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!