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

2020-04-09T07:59:18

Relevance until2020-04-10

Trading Recommendation

Entry: 112.479

Reason for Entry: Horizontal overlap resistance, 61.8% Fibonacci retracement, 78.6% fibonacci extension

Take Profit : 111.40

Reason for Take Profit: 50% Fibonacci retracement, horizontal swing low support

Stop Loss: 113.274

Reason for Stop loss: Horizontal high resistance, 78.6% fibonacci retracement

*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 first resistance, potential drop!