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

2020-02-03T09:10:52

Relevance until2020-02-04

Trading Recommendation

Entry: 108.30

Reason for Entry: 100% Fibo extension, 78.6% Fibo retracement, horizontal swing low support

Take Profit :109.25

Reason for Take Profit: Horizontal overlap resistance

Stop Loss: 107.99

Reason for Stop loss: Horizontal swing low support

*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!