11.06.201904:03 Forex Analysis & Reviews: USD/JPY to test resistance, a drop is possible!

Exchange Rates 11.06.2019 analysis

USDJPY to test key resistance, a drop to 1st support is possible

Entry: 109.012

Why it's good : 61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal pullback resistance

Stop Loss : 109.914

Why it's good :50% Fibonacci retracement,horizontal swing high resistance

Take Profit : 107.854

Why it's good: 61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low support

Exchange Rates 11.06.2019 analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Dean Leo,
Analytical expert
InstaForex Group © 2007-2021
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