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FX.co ★ USD/JPY reversed off 1st resistance, further drop!

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Forex Analysis:::2019-07-30T04:09:30

USD/JPY reversed off 1st resistance, further drop!

USD/JPY reversed off 1st resistance, further drop!

USDJPY reversed off 1st resistance at 108.956, further drop could occur!

Entry :108.956

Why it's good : horizontal swing high resistance

100% Fibonacci extension

Take Profit : 108.365

Why it's good : 38.2% Fibonacci retracement

61.8% Fibonacci extension

Horizontal pullback support

USD/JPY reversed off 1st resistance, further drop!

Analyst InstaForex
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