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FX.co ★ USD/JPY approaching resistance, possible reversal!

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Forex Analysis:::2019-08-26T07:19:57

USD/JPY approaching resistance, possible reversal!

USD/JPY approaching resistance, possible reversal!

USDJPY is approaching 1st resistance at 105.59, potential reversal could occur!

Entry :105.587

Why it's good : horizontal pullback resistance

100% Fibonacci extension

50% Fibonacci retracement

Take Profit : 104.397

Why it's good :Horizontal swing low support

USD/JPY approaching resistance, possible reversal!

Analyst InstaForex
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