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

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Forex Analysis:::2019-06-20T02:53:09

USD/JPY approaching support, possible bounce!

USD/JPY approaching support, possible bounce!

Price is approaching its support where it could potentially bounce up to its resistance at 108.161

Entry : 107.492

Why it's good : 61.8% Fibonacci extension

Take Profit : 108.161

Why it's good : 50% Fibonacci retracement, horizontal pullback resistance, 61.8% Fibonacci extension

USD/JPY approaching support, possible bounce!

Analyst InstaForex
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