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FX.co ★ USD/JPY reverse off resistance, further drop!

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Forex Analysis:::2019-07-26T04:20:26

USD/JPY reverse off resistance, further drop!

USD/JPY reverse off resistance, further drop!

USDJPY reversing off 1st resistance at 108.75 where a reversal could occur.

Entry :108.75

Why it's good : horizontal swing high resistance

61.8% Fibonacci extension

100% Fibonacci extension

78.6% Fibonacci retracement

Take Profit : 108.36

Why it's good : 23.6% Fibonacci retracement

Horizontal swing low support

USD/JPY reverse off resistance, further drop!

Analyst InstaForex
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