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FX.co ★ USD/JPY approaching key support, potential to bounce!

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Forex Analysis:::2019-05-09T01:55:53

USD/JPY approaching key support, potential to bounce!

USD/JPY approaching key support, potential to bounce!

USDJPY is approaching its support where it could potentially bounce

Entry: 109.91

Why it's good :100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support

Stop Loss : 109.53

Why it's good : 61.8% fibonacci retracement

Take Profit : 110.91

Why it's good: 38.2% Fibonacci retracement, 61.8% Fibonacci retracement horizontal swing high resistance

USD/JPY approaching key support, potential to bounce!

Analyst InstaForex
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