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31.07.201906:44 Forex Analysis & Reviews: USD/JPY reaching support , potential bounce!

Exchange Rates 31.07.2019 analysis

USDJPY is approaching 1st support at 108.365, potential bounce could occur!

Entry :108.365

Why it's good :38.2% Fibonacci retracement

61.8% Fibonacci extension

Horizontal pullback support

Take Profit : 108.956

Why it's good : horizontal swing high resistance

100% Fibonacci extension

Exchange Rates 31.07.2019 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 of InstaForex
© 2007-2021
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