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

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Forex Analysis:::2020-01-20T09:22:06

USD/JPY approaching resistance, potential drop!

USD/JPY approaching resistance, potential drop!

Trading Recommendation

Entry: 110.855

Reason for Entry: horizontal overlap resistance, 100% fibonacci extension, 78.6% fibonacci retracement

Take Profit : 109.724

Reason for Take Profit:

38.2% Fibonacci retracement, Horizontal pullback support

Stop Loss: 111.719

Reason for Stop loss:

horizontal swing high resistance

Analyst InstaForex
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