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22.07.201906:55 Forex Analysis & Reviews: USD/JPY approaching resistance, potential drop!

Exchange Rates 22.07.2019 analysis

USDJPY approaching 1st resistance at 108.1 where a reversal could occur.

Entry :108.10

Why it's good : horizontal swing high resistance, 61.8% Fibonacci extension, 50% & 76.4% Fibonacci retracement

Take Profit : 107.80

Why it's good : 38.2% Fibonacci retracement, horizontal overlap support

Exchange Rates 22.07.2019 analysis

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Dean Leo,
Especialista em análise na InstaForex
© 2007-2021
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