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20.08.201906:11 Forex Analyse & Reviews: USD/JPY approaching resistance, potential drop!

Exchange Rates 20.08.2019 analysis

USDJPY is approaching 1st resistance at 106.71, potential drop could occur!

Entry :106.71

Why it's good : horizontal pullback resistance

61.8% Fibonacci extension

38.2% Fibonacci retracement

Take Profit : 105.73

Why it's good : 61.8% Fibonacci retracement

61.8% Fibonacci extension

Horizontal swing low support

Exchange Rates 20.08.2019 analysis

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

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