08.08.201908:07 Forex Analysis & Reviews: USD/JPY reversing off intermediate resistance, further drop !

USDJPY is reversing off intermediate support at 106.29 where we are expecting a further drop below this level.

Entry :106.29

Why it's good : horizontal overlap support

Take Profit : 105.83

Why it's good : 61.8% Fibonacci extension

Horizontal overlap support

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Dean Leo,
Experto Analítico
Grupo InstaForex © 2007-2021

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