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

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Forex Analysis:::2019-08-08T06:07:24

USD/JPY reversing off intermediate resistance, further drop !

USD/JPY reversing off intermediate resistance, further drop !

USDJPY is reversing off intermediate support at 106.29 where we are expecting a further drop below this level.

Entry :106.29

Why it's good : horizontal overlap support

Take Profit : 105.83

Why it's good : 61.8% Fibonacci extension

Horizontal overlap support

USD/JPY reversing off intermediate resistance, further drop !

Analyst InstaForex
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