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

2019-12-18T03:28:05

Relevance until2019-12-19

Trading Recommendation

Entry: 109.378

Reason for Entry: 61.8% retracement, 100% Fibonacci extension

Take Profit : 109.666

Reason for Take Profit: horizontal swing high resistance

Stop Loss: 109.190

Reason for Stop loss:

horizontal overlap support, 38.2% retracement, 100% extension

*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 support, potential bounce!