USDJPY reversed off resistance, a drop to first support is possible
Entry: 110.687
Why it’s good : 100% Fibonacci extension, 78.6% & 50% Fibonacci retracement, horizontal swing high resistance
Stop Loss : 111.079
Why it’s good :61.8% Fibonacci retracement,horizontal overlap resistance
Take Profit : 109.485
Why it’s good: 61.8% Fibonacci extension, horizontal swing low support. 76.4% Fibonacci retracement
The material has been provided by InstaForex Company – www.instaforex.com
USDJPY reversed off resistance, a drop to first support is possible
Entry: 110.687
Why it’s good : 100% Fibonacci extension, 78.6% & 50% Fibonacci retracement, horizontal swing high resistance
Stop Loss : 111.079
Why it’s good :61.8% Fibonacci retracement,horizontal overlap resistance
Take Profit : 109.485
Why it’s good: 61.8% Fibonacci extension, horizontal swing low support. 76.4% Fibonacci retracement
The material has been provided by InstaForex Company – www.instaforex.com
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