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FX.co ★ USD/JPY bouncing off 1st support, further bounce!

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Forex Analysis:::2019-08-13T04:17:12

USD/JPY bouncing off 1st support, further bounce!

USD/JPY bouncing off 1st support, further bounce!

USDJPY is bouncing off 1st support at 105.082 where we are expecting a further bounce up this level.

Entry :105.082

Why it's good : horizontal overlap support

Take Profit : 106.71

Why it's good : 100% Fibonacci extension

38.2% Fibonacci retracement

Horizontal swing high support

USD/JPY bouncing off 1st support, further bounce!

Analyst InstaForex
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