18.07.201905:54 USDJPY broke support-turned-resistance, further drop!

Exchange Rates 18.07.2019 analysis

USDJPY broke support-turned-resistance at 107.81, further drop could occur!

Entry :107.81

Why it's good :

23.6% Fibonacci retracement

38.2% Fibonacci retracement

61.8% Fibonacci extension*2

horizontal pullback resistance

Take Profit : 107.57

Why it's good :

100% Fibonacci extension

horizontal swing low support

Exchange Rates 18.07.2019 analysis

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

Uitgevoerd door Dean Leo,
Analytische expert
InstaForex Group © 2007-2020
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