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

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Forex Analysis:::2019-06-18T02:05:39

USD/JPY approaching support, potential bounce!

USD/JPY approaching support, potential bounce!

Price is approaching its support where it could potentially bounce up to its resistance.

Entry : 108.147

Why it's good : 76.4% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low resistance

Stop Loss : 107.854

Why it's good : horizontal swing low support

Take Profit : 109.012

USD/JPY approaching support, potential bounce!

Analyst InstaForex
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