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MT5.com - USD/JPY to test resistance, a drop is possible!

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Forex Analysis:::2019-06-13

USD/JPY to test resistance, a drop is possible!

analytics5d01b56253149.jpg

USDJPY to test key resistance, a drop to 1st support is possible

Entry: 109.012

Why it's good : 61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal pullback resistance

Stop Loss : 109.914

Why it's good :50% Fibonacci retracement,horizontal swing high resistance

Take Profit : 107.854

Why it's good: 61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low support

analytics5d01b530d22fe.png

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Dean Leo
Analyst InstaForex
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