FX.co ★ USD/JPY approaching 1st resistance, further drop expected!

Trading Recommendation

Entry: 108.817

Reason for Entry: Horizontal swing high resistance, EMA(34)

Take Profit : 105.185

Reason for Take Profit: Graphical swing low, 78.6% Fibonacci extension

Stop Loss: 111.792

Reason for Stop loss: Horizontal swing high resistance