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

2020-02-28T10:14:47

Relevance until2020-02-29

Trading Recommendation

Entry: 112.216

Reason for Entry: 78.6% fibonacci extension, horizontal overlap support, 78.6% fibonacci retracement

Take Profit : 113.018

Reason for Take Profit: 61.8% Fibonacci retracement, Horizontal pullback resistance

Stop Loss: 111.625

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 ★ CHF/JPY approaching support, potential bounce!