20.06.201904:53 USD/JPY approaching support, possible bounce!

Exchange Rates 20.06.2019 analysis

Price is approaching its support where it could potentially bounce up to its resistance at 108.161

Entry : 107.492

Why it's good : 61.8% Fibonacci extension

Take Profit : 108.161

Why it's good : 50% Fibonacci retracement, horizontal pullback resistance, 61.8% Fibonacci extension

Exchange Rates 20.06.2019 analysis

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

Performed by Dean Leo,
Analytical expert
InstaForex Group © 2007-2020
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