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FX.co ★ USD/JPY breakout, possible drop!

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Forex Analysis:::2019-06-24T03:08:34

USD/JPY breakout, possible drop!

USD/JPY breakout, possible drop!

Price has bounced up nicely.We expect to see a further drop from 1st resistance level.

Entry : 107.828

Why it's good : horizontal overlap resistance, 50% Fibonacci retracement, 61.8% & 100% Fibonacci extension

Take Profit : 107.047

Why it's good : 61.8% Fibonacci Extension,horizontal swing low support

USD/JPY breakout, possible drop!

Analyst InstaForex
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