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FX.co ★ USD/JPY approaching resistance, potential drop!

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Forex Analysis:::2019-09-04T07:35:48

USD/JPY approaching resistance, potential drop!

USD/JPY approaching resistance, potential drop!

USDJPY is approaching 1st resistance at 106.07, potential drop could occur.

Entry :106.07

Why it's good : Horizontal overlap resistance

Take Profit : 105.55

Why it's good :horizontal swing low support

100% Fibonacci extension

50% Fibonacci retracement

USD/JPY approaching resistance, potential drop!

Analyst InstaForex
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